Roth IRA Calculator

Use this calculator to see if a Roth IRA is right for you. A Roth IRA is a great way to create tax-free income from retirement assets. Yet, keep in mind that when you convert your taxable retirement assets into a Roth IRA, you will generally pay ordinary income tax on the taxable amount that is converted. Individuals of all income levels are eligible to convert to a Roth IRA.

Assumptions

Current age (1 to 120)

Age when income should start (1 to 120)

Number of years to receive income (1 to 30)

Before-tax return on savings (accumulation phase) (-12% to 12%)

Before-tax return on savings (distribution phase) (-12% to 12%)

Income tax bracket (accumulation phase) (0% to 75%)

Income tax bracket (distribution phase) (0% to 75%)

Current IRA balance ($)

Non-Deductible portion of IRA balance ($)

How will you pay the conversion tax?
1) Pay taxes from non-IRA assets
2) Pay taxes from proceeds of Roth conversion

Results

Please complete the calculator form for results.

Tax Savings Potential

Choose from a Roth IRA or a Traditional IRA, both offering the opportunity to save for retirement with tax benefits.

Learn More

IRA Rollover Information

Understand the rules regarding rollovers, transfers and aggregations of required minimum distributions for your IRA accounts.

Expand Your Savings

Choose from a range of short- and long-term CDs to save for whatever you have in mind. CDs provide guaranteed rates for secure savings. There’s never a better time to start saving – than today!

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