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To help maximize your savings in your VF 401k Savings Plan, we’re providing a 401(k) contribution calculator. Click below to get started.

Your VF 401k Savings Plan offers a convenient and valuable way to build savings for your future and allows your savings to grow tax-deferred. Plus, VF matches up to 6% of your 401(k) savings, subject to IRS rules.

This calculator is intended to help you maximize your annual savings and matching contribution from VF. Fidelity also offers many other retirement and investment planning tools and calculators that can help you plan and save for your retirement and other important life events. Click here to learn more on: College Planning, Getting Ready to Retire, Investing Strategies, Living in Retirement, Savings and Spending, and Saving for Retirement.

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The 2024 IRS annual compensation limit is $345,000 (earnings that are eligible for 401(k) contributions). The 2024 IRS annual contribution limit is $23,000. If you are age 50 or older during the year, you may make an additional $7,500 in catch-up contributions under IRS rules.

The 401(k) Contribution Calculator is intended for illustrative purposes only. Results are based on a single contribution percentage for the entire year and do not take into account contributions already made for this year. Please refer to the plan document for official information regarding the plan.

Your contribution decisions are yours to make. VF does not recommend a specific percentage except to remind you that you must contribute at least 6% to get the full company match. It’s important to know that if you contribute a larger percentage earlier in the year and you reach the IRS contribution limit you may not receive the full VF match for the calendar year.