Project a Massachusetts 401(k) balance from contributions and employer match.
Projection of a Massachusetts 401(k): your monthly contribution plus the employer match (as a percent of salary) grow at the assumed return. Many employers match up to a few percent of pay.
FV
FV = compounding monthly contributions + match
Projection only.
Almost always — the employer match is free money that typically dwarfs fees.
Rates are approximate reference values. Local rates, exemptions and rules can differ, so treat the output as a planning figure only.