Roth IRA Calculator
Project your Roth IRA balance at retirement from annual contributions and growth.
A Roth IRA grows tax-free, and qualified withdrawals in retirement aren't taxed at all — this projects your balance from current savings, annual contributions, and years until retirement.
The tax trade-off, in plain terms
You contribute after-tax money now, but pay no tax on withdrawals in retirement — the opposite of a traditional IRA. This tends to favor people who expect to be in a similar or higher tax bracket in retirement than they are now.
Frequently asked questions
Is there an income limit for Roth IRA contributions?
Yes — the IRS sets income phase-out limits that change periodically, so check the current year's limits directly with the IRS if you're near the threshold.
Can I withdraw my Roth IRA contributions early without penalty?
Contributions (not earnings) can generally be withdrawn at any time without penalty, since you already paid tax on them — but check current IRS rules, since this differs from how earnings are treated.