Payroll Deduction Analyzer | American Funds

Payroll Deduction Analyzer

Contributing pretax money to your company’s retirement plan offers you several benefits, including tax-deferred growth potential and reduced current income taxes.

Your contributions to your retirement plan, changes to your filing status and the number of allowances you claim all affect your take-home pay. Use this calculator to see how changing your pretax retirement plan contributions could affect your paycheck. This calculator does not take state and local taxes into account; the results are only an estimate. Your paycheck contains much of the information that is required by this analyzer.

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About These Calculations

View the federal tax withholding tables used in these calculations.


Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from a financial professional and should be read carefully before investing.

Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.

This content, developed by Capital Group, home of American Funds, should not be used as a primary basis for investment decisions and is not intended to serve as impartial investment or fiduciary advice.

Statements attributed to an individual represent the opinions of that individual as of the date published and do not necessarily reflect the opinions of Capital Group or its affiliates. This information is intended to highlight issues and should not be considered advice, an endorsement or a recommendation.

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American Funds Distributors, Inc., member FINRA.

This calculator was developed by KJE Computer Solutions, which is not affiliated with American Funds. It is intended for use in comparing changes to your salary deferral plan contribution. We do not guarantee the accuracy of the results or their relevance to your particular circumstances. We encourage you to seek the assistance of your financial professional.

For more information regarding this calculator or its calculations, please e-mail KJE Computer Solutions at afquestions@dinkytown.net or visit http://www.dinkytown.net.