You can obtain information about your annual salary by calling JESI Service Center at 1-800-957-JESI (800-957-5374).
Keep in mind that the 2020 IRS annual compensation limit for retirement benefits is $285,000. If you enter a salary higher than this amount, the calculator will automatically default to $285,000 to keep you within the IRS limits.
Log on to your account at Vanguard.com to find these percentages. Or you can contact a Vanguard Participant Services associate at 800-523-1188.
Check your most recent pay stub or log on to your account on Vanguard.com to find this information.
If you have contributed to a previous employer’s savings plan this year, enter the total amount you contributed to your previous plan plus the total you have contributed to the Jacobs 401(k) Savings Plan to date this year.
Log on to your account at Vanguard.com to see how much company match you have received so far this year.
Catch-up contributions are available for participants nearing retirement who may require additional funding in their plans in order to meet their retirement needs. If you expect to continue making your basic contribution at the maximum level and can afford an additional contribution, catch-up contributions can be an important tool to help build your retirement nest egg.
Current tax law allows participants who are age 50 or older and who are contributing at their current plan maximum to make additional $6,500 pretax contributions to their plan.
You are considered a Highly Compensated Employee in 2020 if your total compensation exceeded $125,000 in 2019.
You can obtain information about your company match by calling JESI Service Center at 1-800-957-JESI (800-957-5374).
You can model a new savings rates for your future pre-tax and/or Roth contributions. This might be useful in the event that the amount the calculator returns on the Results tab is high. If you model a new savings rate, click on the Results tab to see the effect of your new savings rate to maximize the 402(g) limit.