Traditional IRA Vs. Roth IRA Calculator
This IRA calculator helps you determine whether a Traditional IRA or Roth IRA is the best vehicle for your retirement savings and is based on the 2016 IRA contribution and deduction limits. Note: Roth 401(k) comparisons should not be made with this calculator.
|Traditional IRA||Roth IRA|
|Contributions + Investment Growth||$132,317||$132,317|
|Taxes due at retirement||$10,247||--|
|Value of reinvested tax deductions||$0||--|
|Value at retirement (age 65)||$122,069||$132,317|