401(k) withdrawal calculator

Estimate what may remain after federal income tax and the possible 10% additional tax. State tax and plan withholding are separate.

IndependentFreeNo sign-upSources: Internal Revenue Service

Current 401(k) balance

Gross annual withdrawal

Assumed annual return

Projection years

Estimated federal marginal tax rate

Your age

I believe an exception to the 10% additional tax applies

Estimated net annual withdrawal

$39,000.00

Federal income tax: $11,000.00 · Additional tax: $0.00

Projected ending balance: $0.00 · Depleted in year 14

Annual 401(k) balance trajectory
Year	Start	Growth	Withdrawal	End

When can the 10% additional tax apply?

Distributions before age 59½ are generally subject to an additional 10% federal tax unless an IRS exception applies. Examples include certain medical expenses and separation from service during or after the year you turn 55. Ordinary income tax can still apply.

This calculator is for educational purposes only and is not financial, tax, or legal advice. Pensora is independent and not affiliated with the SSA, the IRS, or any government agency. For decisions about your own situation, consider a licensed financial advisor.