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Traditional IRA Calculator

Project pre-tax IRA growth and after-tax retirement value.

IRA plan
$
$
yrs
%
%
%

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.

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