403(b) Retirement Plan Calculator
Calculate projected 403(b) balance for educators, nonprofits, and healthcare workers.
Calculation Inputs
Calculation Results
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Enter inputs on the left and click Calculate to view results.
Formula & Methodology
FV = PV × (1+r)^n + PMT × ((1+r)^n − 1)/r
403(b) plans for public school employees and nonprofits work similarly to 401(k) plans with the same 2024 contribution limits.
Frequently Asked Questions
What is the 403(b) contribution limit?
Same as 401(k): $23,000 in 2024 ($30,500 if 50+). Some 403(b) plans also allow a special 15-year catch-up.