Traditional IRA Calculator
Project pre-tax IRA growth and after-tax retirement value.
Pre-tax balance
$581,090
After-tax value
$476,494
Annual tax saved now
$1,680
Deduct now, pay later
Traditional IRA contributions reduce this year's taxable income (subject to income limits when covered by a workplace plan); withdrawals in retirement are taxed as ordinary income. The bet pays off when your retirement bracket is lower than today's.
Traditional vs. Roth
The rule of thumb: higher bracket now than later → traditional; lower now → Roth. Uncertain → split. Traditional accounts also carry required minimum distributions from age 73, which Roth IRAs avoid entirely.
Frequently asked questions
- How does the Traditional IRA Calculator work?
- Project pre-tax IRA growth and after-tax retirement value.
- Is the Traditional IRA Calculator free to use?
- Yes. The Traditional IRA Calculator is completely free, runs entirely in your browser, and requires no account or sign-up. Your inputs never leave your device.
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