Roth ira vs personal investment account this calculator to determine which IRA may be right for you. The best financial calculators anywhere!
The amount you will contribute to an IRA each year. This calculator assumes that you make your contribution at the beginning of each year. For the purposes of this calculator, we assume you are not “Married filing separately” and contributing to a Roth IRA. Starting in 2010 high income individuals have the option to make non-deductible Traditional IRA contributions and then immediately convert them to a Roth IRA. This can effectively eliminate the income phase-out for Roth IRA contributions. This option for Roth IRA contributions may or may not be available in later years depending on future changes to the IRA law. This calculator assumes that you will not be taking advantage of this option.