Investment

Contributing to an IRA?

Contributing to an Individual Retirement Account (IRA) can be a smart way to save for retirement with potential tax advantages. Use this calculator to determine your eligibility, estimate your future IRA value, and see how your contributions can grow over time.

Income and Tax Status

Modified Adjusted Gross Income (MAGI)

Tax Filing Status

Participate in Employer Retirement Plan?

IRA Contribution Details

Initial IRA Balance

Annual Contribution

Expected Annual Rate of Return (%)

0%20%

Number of Years to Contribute

years

150

IRA Growth Projection

✓Eligible to Contribute

Max Deductible Contribution: $6,500

Future Value of IRA

Breakdown

Total Contributions

Total Earnings

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