Payroll Deduction Calculator with 457 Contributions
Your paycheck with the 457(b) deferral
Net pay this paycheck
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457(b) deferral this paycheck
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Taxes this paycheck
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Federal taxable wages (W-2 box 1 basis)–
Social Security and Medicare wages–
Net pay without the 457(b) deferral–
Net pay given up for the deferral–
Income tax the deferral saves this paycheck–
Federal tax bracket–
457(b) deferrals over a full year–
Pay stub
This paycheck and a full year at the same pay. Federal income tax is the estimated 2026 tax on a full year of these wages, spread evenly; your employer’s withholding may differ a little. The full-year column ignores wages earned before this paycheck.
| Line | This paycheck | Full year |
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Results are estimates for educational purposes and are not financial, tax or legal advice.
Lay out one paycheck line by line, with your 457(b) deferral next to your other deductions and taxes, and see how much tax the deferral saves. The 401k calculator uses the same plain-English approach, so you can compare results side by side.