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401(k) Savings Plan match calculator

  • Do you have at least one year of service as of January 1 of this year?
  • Is your Total Annual Cash Compensation less than $250,000?
  • Do you need help determining how much to contribute for the rest of this year to get the full match?

If you answered YES to all of these questions, use this calculator to help you maximize your match.

If you answered NO to any of these questions, contact the 401(k) Savings Plan Call Center at 1-866-576-2401 to verify your match eligibility and/or for assistance with your calculation, if applicable.

Reminder: To get the full 5% match, make sure you contribute 5% of your total Eligible Compensation (this includes your Ongoing Compensation for the whole year, plus the cash portion of any Annual Incentive Compensation, generally paid in January or February). Please note that the calculator assumes that you are eligible for the match the entire year.

Enter your information below, then click Calculate to see the figures you'll need to maximize your match.
Future Date
Your Ongoing Compensation is your base salary/regular pay, plus applicable job differential pay (e.g., shift pay) along with non-annual cash incentives, which are paid throughout the year, such as sales awards and monthly and quarterly incentives. It also includes any cash incentives paid annually other than Annual Incentive Compensation. It does not include overtime payments, sign-on bonus and similar awards, referral awards, stipends, non-cash awards (such as equity awards) and allowances.
Note: Do not include Annual Incentive Compensation here.
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Please enter your estimated annual Ongoing Compensation
This is the cash portion of your Annual Incentive Compensation awarded under the firm's Performance-Based Incentive Plan (generally paid in January) or Branch Profitability Incentive Plan (generally paid in February). You can verify this number by looking under Earnings on your pay statement.
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Amount entered cannot be a negative number
Find your year-to-date (YTD) contributions in the JPMorgan Chase 401(k) Savings Plan on your latest pay statement by adding together the "YTD Amount" shown (if any) for 401K Per Pay Contribution, 401K AIC Contribution, A401K Per Pay Contribution Roth and A401KBN AIC Contribution Roth under the section labeled Deductions. You may also contact a Client Service Representative in the 401(k) Savings Plan Call Center for assistance.
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Please enter the amount you have contributed so far this year
Please select the number of paychecks you receive per year
Here is the information you need to maximize your match:

Match-eligible compensation: B1 

Your estimated Eligible Compensation is your Ongoing Compensation plus your Annual Incentive Compensation, and determines the maximum company match. This estimate is based on your previous entries. Please note: The 2024 annual IRS compensation limit for calculating match is $345,000. Keep in mind that if your Total Annual Cash Compensation (determined as of August 1 to take effect on January 1 of the following year) is $250,000 or more, you are not eligible for the matching contribution.

$0

$345,000.00

Potential maximum match: B2 

This is the estimated amount of match you could receive this year, based on 5% of your Eligible Compensation estimates.

$0

Estimated paychecks remaining this year: B3 

This is an estimate of your remaining paychecks for this year. Depending on when you use this calculator, this estimate may not include your next one to two paychecks.

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Hidden Calculations

Match as a percentage of base salary: H1

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Amount to contribute on each remaining paychecks: H2

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Gross amount per paycheck: H3

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Percent per paycheck: H4

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Paychecks Per Year: H5

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Estimated match contribution [B2](minus) Amount contributed so far this year [A3]H6

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Today's Date H7

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Future Date H8

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To get the maximum match this year, contribute:

- %

per paycheck for the rest of the year.

(This is the approximate percentage you need to contribute to maximize the match.)

For future years, one way to ensure you receive the full 5% match is to contribute 5% from both your per-pay (Standard) rate and Annual Incentive Compensation (Other) rate, if any.

Important information about the calculator

The "401(k) Savings Plan match calculator" is a tool for match-eligible employees. You're eligible for match if you have completed one year of service and have Total Annual Cash Compensation of less than $250,000 (determined as of August 1 to take effect the following January 1 and remain unchanged throughout the year). To view your Total Annual Cash Compensation amount, go to the My Health app via me@jpmc > My Health > Benefits Enrollment > Go to Enrollment (Benefits Web Center) > Your Profile > Personal Information > Personal Details > Annual Total Cash Compensation for Medical Contributions. Generally, you must be employed on December 31 to receive the match.

By inputting your personal information, the calculator estimates how much you might consider contributing through the rest of the year in per-pay (Standard) contributions to maximize the match. The calculator assumes that you are eligible for the match the entire year. Therefore, if you did not have a year of service by January 1 of this year, do not use the calculator.

There are a few variables that can impact your actual receipt of the full 5% match. These include but are not limited to:

  • The accuracy of the numbers you input. The calculator is based on your inputs (which may contain estimates) and therefore, the results it displays are estimates. Using the calculator and its estimates does not guarantee you'll maximize the match.
  • When your per-pay contribution rate change becomes effective. Since per-pay (Standard) contribution rate changes may not become effective with the very next paycheck, the calculator does not include the upcoming paycheck when calculating the remaining paychecks for the year. If you change your per-pay contribution rate and the timing is such that the change is effective with the next paycheck, your total contributions at the end of the year may slightly exceed the potential maximum match amount. Any contributions above 5% of your Eligible Compensation will not be matched. Note that the per-pay (Standard) contribution rate applies to your Ongoing Compensation, defined above, and is not applied to the cash portion of your Annual Incentive Compensation, if any. Annual Incentive Compensation (Other) rate applies only to the cash compensation awarded, if any, under the firm's Performance-Based Incentive Plan (generally paid in January) or Branch Profitability Incentive Plan (generally paid in February).

To make the most of the calculator, we recommend you perform your calculation and increase your per-pay (Standard) contribution rate on the same day.