Pretax and Aftertax saving comparison

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Pretax and Aftertax Savings Comparison

Should you be putting your money into pretax or aftertax savings? For long term savings pretax is definitely best as this calculator will demonstrate.

This calculator illustrates the difference between a Pretax and Aftertax savings account.

Savings Information
Current Savings Balance:
How much can you save per pay period:
Pay Periods per year:
What interest rate do your savings earn?:	%

Current US
Interest Rates

1 Year CD: 5.100%
Money Market: 5.150%