# Retirement Account Contribution Accelerator Calculator

By how much the contribution accelerator can increase your final balance? Contribution accelerator allows you to make additional and variable contributions as a replacement for fixed monthly or annual contributions. Therefore, you are able to boost your contributions and maximize your post-retirement earnings. Use this specialized calculator to straightforwardly find out the difference in your income level.

- Gross pay
- Before deductions are made, this the amounts of your gross pay for this pay period.
- Pay period
- This field indicates how often you are paid by your work. You can choose from weekly, monthly, bi-weekly, annually, and semi-annually pay period.
- Current account balance
- Balance already available in the account.
- Annual rate of return
- Rate of return you are supposed to earn annually from the retirement savings account. This rate is compounded annually.
- Current age
- Your current age.
- Age of retirement
- Your planned age of retirement.
- Expected annual salary increase
- Percentage rate by which your annual salary is expected to be appreciated.
- Current contribution rate
- Portion of the gross income you are currently contributing to the tax-deferred retirement savings accounts.
- Contribution Accelerator percentage
- The rate which will be used to accelerate your yearly contribution. This will continue till you reach the maximum allowed contribution limit.
- Contribution Accelerator percentage stops
- The maximum amount of contribution acceleration allowed by this retirement plan. The contribution accelerator will stop working when this limit is reached.