Retirement Plan Contributions Analysis Template

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Retirement plans are really important, especially for retired persons who want to make their retired life free from financial problems. Your retirement plan should be effective enough to pay your essential expenses including health care bills. Retirement plan contribution analysis is the best solution for this problem as you can find prospects of any retirement plan to pick the best plan according to your retirement goals and objectives. It will be a good decision to pick a tax-exempt retirement plan because these types of plans grow faster as compared to others. You have to assume all-important investment factors before starting any kind of contribution to the retirement plan. It will be a good decision to collect some information about the retirement plans offered in your state and then check the income tax rules of your country to pick the best plan.

Benefits of Using Retirement Plan Contribution Template

  • A retirement plan contribution template provides a pre-designed layout that streamlines the process of calculating retirement plan contributions. It saves much time by eliminating the need to create a new method to perform complex calculations from scratch. Using this template, you can easily insert the necessary details and then it will do the calculations for you automatically.
  • Retirement plan contribution templates often involve different calculations and formulas, which can be prone to errors when done manually. You can rely on built-in formulations that offer correct calculations.
  • The retirement plan contribution templates are flexible and allow full customization features according to the user’s specific needs. You can adjust the elements such as contribution percentages, income levels, and retirement plan types to reflect your organization’s specific plan details.

Free Retirement Plan Contribution Template

Here is a preview of this Retirement Plan Contributions Analysis Template created using MS Excel.

Retirement-Plan-Contribution-Template 01

The download button for this Retirement Plan Contributions Analysis Template is here.

Famous Retirement Plans:

Following are some famous retirement plans with their income tax exemptions or deductions for your convenience:

Individual Retirement Accounts (IRAs)

Individual retirement accounts can be of two types i.e. employer-sponsored plans that feature SEP and SIMPLE IRAs or non-employer-sponsored plans that feature IRAs and Roth IRAs. Roth IRA plans allow all tax-deductible or pretax contributions. These may postpone the tax on investment earnings until the time of withdrawal of money from the account. Taxes charges on withdrawals are subject to the ordinary income tax rates. SEP IRAs are restricted to $49,000 annually while the SIMPLE plan is restricted to $11,500 and $14,000 annually. Both contributions are usually restricted to $5,000 for people under 50 and $6,000 for people who are older than 50.

401 K Plans

These are employer-sponsored retirement plans as these accept pretax contributions for traditional plans and after-tax contributions for Roth plans. These contributions are invested into mutual funds in the plan. Contributions to these types of plans are restricted to $16,500 for those who are less than 50 and $22,000 for those 50 and over.


Annuities are retirement investment products planned and sold by life insurance companies. Annuities are considered free from any restrictions to increase your savings for retirement plans. You have to consider income tax rates before calculating your investment gains. Knowing the investment principles before getting any plan for you is necessary. If you are interested in annuitizing the contract then you can convert the annuity to the monthly payments. You have to consider returns on your investments including the principal amount. Interest rate is the biggest factor that will help you to calculate the growth of your investment.


Employers usually set up retirement plans for their dedicated employees to settle their retired life. Most employment plans are funded by employers and in this situation, the 401k plans are considered safe. Your received payments are considered as annuity payments so it will be good to take your decision based on the full distribution of money.

Retirement Plan Contributions Template FAQs:

No, you don’t need any skills in MS Excel to use this template because it provides a user-friendly layout and built-in formulas to calculate the values automatically.

Yes, it allows complete customization features to fulfill all your needs.

You can find these templates from various online websites for free or paid. We also provide a pre-designed format in MS Excel files which will be useful to fit all your needs.

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