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Traditional IRA Future Value Calculator
Traditional IRA Future Value Calculator

This calculator will estimate and chart the future value of a tax-deferred traditional IRA. Just enter the required information to calculate the potential value at retirement. The calculation assumes that the same annual contribution is made at the end of each year until retirement, and that all contributions are fully tax deductible. Investment earnings are compounded annually on a tax-deferred basis.


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IRA contribution limits, including "catch-up" contributions for individuals age 50 or over, are summarized in the table below

Years
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Contribution limits:

Tax year beginning inContribution limits (under age 50)Additional catch-up contribution limits (age 50 or over)
2013 - 2018$5,500$1,000


This calculation assumes that each contribution is fully tax deductible. If either the IRA owner or spouse participates in an employer-sponsored retirement plan, the deductibility of contributions is subject to limitations based on tax filing status and modified adjusted gross income. Withdrawals from traditional IRAs are subject to federal income tax to the extent that they consist of deductible contributions and investment earnings. Withdrawals made before age 59½ may also be subject to a 10 percent penalty.



Any information provided has been prepared from sources believed to be reliable but is not guaranteed, does not represent all available data necessary for making investment decisions and is for informational purposes only.


Prepared by Broadridge Investor Communication Solutions, Inc. Copyright 2018.