Retirement Check 101 — Know Your Plan

2025 IRS Rules · 12-Section Questionnaire · Two-Dimensional Plan Analysis

What it is

Retirement Check 101 is a free, institutional-grade retirement planning tool from RiskCheck101. It walks you through 12 short sections about your income, employer plans, IRAs, HSA, self-employment income, spouse, risk profile, and retirement horizon, then produces a personalized report showing exactly which tax-advantaged vehicles you can use under current 2025 IRS rules, how much you can still contribute, and what your retirement income will look like.

What it covers

Traditional and Roth 401(k), 403(b), and 457(b) deferrals
After-tax 401(k) and mega backdoor Roth strategies
Traditional and Roth IRA, backdoor Roth, and spousal IRA
Solo 401(k), SEP IRA, SIMPLE IRA, and cash balance / defined benefit plans for self-employed and small business owners
Health Savings Account (HSA) and the triple tax advantage
Employer match analysis and IRC §402(g) / §415(c) limit tracking across all elective deferrals
SECURE 2.0 super catch-up (ages 60–63) and 50+ catch-up rules
Future-value projections with Monte Carlo analysis and a Future Financial Events calendar (raises, inheritances, home purchases, recurring expenses, etc.)

2025 IRS contribution limits used

IRA: $7,000 (+$1,000 catch-up at 50+)
401(k) / 403(b) elective deferral: $23,500 (+$7,500 catch-up at 50+, +$11,250 SECURE 2.0 super catch-up at 60–63)
401(k) total annual additions (IRC §415(c)): $70,000
Solo 401(k): $70,000 total (employee + employer)
SEP IRA: 25% of W-2 (S-Corp) or ~20% of net SE income (sole prop), capped at $70,000
SIMPLE IRA: $16,500 (+$3,500 catch-up, +$5,250 SECURE 2.0)
457(b): $23,500 (separate stacking limit, +$7,500 catch-up)
HSA: $4,300 self / $8,550 family (+$1,000 at 55+)

Limits reflect IRS Notice 2024-80 and Rev. Proc. 2024-40 for tax year 2025.

How to use it

Visit retirementcheck101.com, answer the 12 questionnaire sections, and review your personalized Retirement Plan Choices decision tree, Future Financial Events calendar, and Retirement Plan Outcomes charts. Create a free account to save your plan and return any time to re-run it with updated rules.

About RiskCheck101

RetirementCheck101™ is a service of RiskCheck101, an independent educational resource for personal financial risk and retirement planning. Not affiliated with the IRS, SSA, DOL, or any other government agency. Educational only — not financial, investment, tax, or legal advice. No client or fiduciary relationship is created by use of this tool. Always consult a qualified CPA, tax advisor, or financial planner for guidance specific to your situation.

Retirement Library

Browse 75 plain-English articles on every major retirement topic at retirementcheck101.com/library.html — 2025 IRS contribution limits, mega backdoor Roth, SECURE 2.0 super catch-up, HSA strategy, backdoor Roth IRA, Solo 401(k) vs SEP IRA, Social Security claiming, Medicare, RMDs, estate planning, state tax considerations, and more. All articles cite primary IRS, Treasury, and statutory sources.

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