Info
Created On: September 2, 2023
Created By:
AI
Model: chatgpt-plugin
Time: 0 seconds
Prompt Tokens: 0
Completion Tokens: 0
Total Token Cost: 0
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Javascript, HTML, CSS Code
<!DOCTYPE html> <html> <head> <script type="text/javascript"> window.addEventListener('error', function(event) { var message = JSON.parse(JSON.stringify(event.message)); var source = event.filename; var lineno = event.lineno; var colno = event.colno; var error = event.error; window.parent.postMessage({ type: 'iframeError', details: { message: message, source: source, lineno: lineno, colno: colno, error: error ? error.stack : '' } }, '*'); }); window.addEventListener('unhandledrejection', function(event) { window.parent.postMessage({ type: 'iframePromiseRejection', details: { reason: event.reason } }, '*'); }); </script> <title>Solo 401k Contribution Calculator</title> <meta name="description" content="Calculate your Solo 401k contributions easily"> <meta name="keywords" content="Solo 401k, contribution, calculator"> <style> body { font-family: Arial, sans-serif; } .container { max-width: 800px; margin: auto; padding: 20px; text-align: center; } .result { margin-top: 20px; } </style> <link rel="canonical" href="https://calculator.tools/prompt/5478/"> <meta charset="utf-8"> </head> <body> <div class="container"> <h1>Solo 401k Contribution Calculator</h1> <form id="calculatorForm"> <label for="year">Year:</label> <input type="number" id="year" placeholder="Tax Year"><br> <label for="businessProfit">Business Profit:</label> <input type="number" id="businessProfit" placeholder="Business Profit"><br> <label for="age">Age:</label> <input type="checkbox" id="age"> 50 or older?<br> <label for="dayJob">Day Job?:</label> <input type="checkbox" id="dayJob" onclick="toggleDayJobInputs()"> Yes<br> <div id="dayJobInputs" style="display: none;"> <label for="dayJobIncome">Day Job Income:</label> <input type="number" id="dayJobIncome" placeholder="Day Job Income"><br> <label for="dayJob401k">Day Job 401k Contribution:</label> <input type="number" id="dayJob401k" placeholder="Day Job 401k"><br> <label for="dayJobCatchup">Day Job Catchup Contribution:</label> <input type="number" id="dayJobCatchup" placeholder="Day Job Catchup"><br> </div> <button type="button" onclick="calculateContributions()">Calculate</button> </form> <div class="result" id="result"></div> </div> <script> function toggleDayJobInputs() { const dayJobInputs = document.getElementById('dayJobInputs'); if (document.getElementById('dayJob').checked) { dayJobInputs.style.display = 'block'; } else { dayJobInputs.style.display = 'none'; } } function calculateContributions() { const year = parseInt(document.getElementById('year').value); const businessProfit = parseFloat(document.getElementById('businessProfit').value); const isOlder = document.getElementById('age').checked; const hasDayJob = document.getElementById('dayJob').checked; const dayJobIncome = hasDayJob ? parseFloat(document.getElementById('dayJobIncome').value) : 0; const dayJob401k = hasDayJob ? parseFloat(document.getElementById('dayJob401k').value) : 0; const dayJobCatchup = hasDayJob ? parseFloat(document.getElementById('dayJobCatchup').value) : 0; const seTaxRate = 0.153; const netEarnings = businessProfit * (1 - seTaxRate / 2); const electiveDeferralMax = Math.min(netEarnings, 19500); // 2021 limit const profitSharingMax = Math.min(netEarnings * 0.25, 57500 - electiveDeferralMax); // 2021 limit const catchupMax = isOlder ? 6500 : 0; // 2021 limit const afterTaxMax = 57500 - electiveDeferralMax - profitSharingMax - catchupMax; // 2021 limit let resultText = `Net earnings from self-employment: $${netEarnings.toFixed(2)}\n`; resultText += `Elective deferral for Employee: $${electiveDeferralMax.toFixed(2)}\n`; resultText += `Profit sharing from Employer: $${profitSharingMax.toFixed(2)}\n`; resultText += `Catchup max: $${catchupMax.toFixed(2)}\n`; resultText += `After-tax Non-Roth max: $${afterTaxMax.toFixed(2)}`; document.getElementById('result').innerText = resultText; } </script> <script type="text/javascript"> var localStoragePrefix = "ct-{{ cachebreaker }}"; var lastSave = 0; function saveLocal(data) { if (Date.now() - lastSave < 1000) { return; } let cookie = localStoragePrefix + "=" + JSON.stringify(data) + "; path=" + window.location.pathname + "'; SameSite=Strict"; cookie += "; expires=" + new Date(Date.now() + 1000 * 60 * 60 * 24 * 365 * 1000).toUTCString(); document.cookie = cookie; lastSave = Date.now(); } function loadLocal() { var cookiePrefix = localStoragePrefix + "="; var cookieStart = document.cookie.indexOf(cookiePrefix); if (cookieStart > -1) { let cookieEnd = document.cookie.indexOf(";", cookieStart); if (cookieEnd == -1) { cookieEnd = document.cookie.length; } var cookieData = document.cookie.substring(cookieStart + cookiePrefix.length, cookieEnd); return JSON.parse(cookieData); } } </script> <script type="text/javascript"> window.addEventListener('load', function() { var observer = new MutationObserver(function() { window.parent.postMessage({height: document.documentElement.scrollHeight || document.body.scrollHeight},"*"); }); observer.observe(document.body, {attributes: true, childList: true, subtree: true}); window.parent.postMessage({height: document.documentElement.scrollHeight || document.body.scrollHeight},"*"); }); </script> </body> </html>
Solo 401k Contribution Calculator
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