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Individual 401(k) Contribution Comparison

Self-employed individuals and businesses employing only the owner, partners and spouses have several options for tax-advantaged savings including: an Individual 401(k) plan, a SEP IRA or a SIMPLE IRA. Each option has distinct features and amounts that can be contributed to the plan each year. Use this calculator to estimate the potential contribution that can be made to an Individual 401(k) compared with a SIMPLE or SEP plan.

Please note that the information contained herein is general in nature, has been obtained from various sources believed to be reliable and is subject to changes in the Internal Revenue Code, as well as other areas of law. It is intended to offer factual and up-to-date information. However, information is subject to change without notice. We make no representation or warranty of any kind, express or implied, including but not limited to, warranties of accuracy, completeness or fitness for a particular purpose, with regard to the data herein, and will not be liable for any damages, losses or costs incurred as a result of reliance hereon.

This calculation was tailored for the intended recipient only. It contains forward-looking statements based on hypothetical returns and information provided by the intended recipient. There can be no guarantees that the views and opinions expressed will come to pass. Please review the information for accuracy and notify your Oppenheimer Financial Advisor promptly if any discrepancies are present; discrepancies may materially alter the calculation.

This Individual 401(k) Contribution Comparison Calculator is designed to educate and inform and is for illustrative purposes only. It is not intended to provide investment, legal, accounting or tax advice. It is not a substitute for, or provided in the context of, developing a comprehensive financial plan and it should not be relied upon as your sole or primary means for making planning or investment decisions. Nothing produced by the Individual 401(k) Contribution Comparison Calculator should be construed as a recommendation of or solicitation for any particular product , security or service. You should contact your attorney or tax adviser regarding your specific legal or tax situation prior to taking any action based on the information provided.

This Individual 401(k) Contribution Comparison Calculator is part of the brokerage services that Oppenheimer & Co Inc provides to its brokerage customers and does not constitute advisory or financial planning services. If you select one or more of the advisory services offered by Oppenheimer & Co Inc or its affiliate Oppenheimer Asset Management Inc., we will be acting in an advisory capacity. If you ask us to effect securities transactions for you, we will be acting as a broker-dealer. Please see the Oppenheimer & Co Inc website, www.opco.com or call the branch manager of the office that services your account, for further information regarding the differences between brokerage and advisory products and services.

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