Roth IRA Calculator
Explore a Roth IRA growth projection and a simplified Roth-versus-Traditional tax scenario.
Results
Balance at Retirement
$0
at age 65 (tax-free)
0%
Growth
Total Contributions
Tax-Free Growth
Total Contributions
$0
Tax-Free Growth
$0
Hypothetical Tax on Same Balance
$0
Years to Retirement
0
Roth IRA Growth Over Time
Roth vs Traditional IRA Comparison
Roth IRA
$0
After-Tax Value at Retirement
Gross Balance:
$0
Taxes on Withdrawal:
$0
Traditional IRA
$0
After-Tax Value at Retirement
Gross Balance:
$0
Taxes on Withdrawal:
$0
Higher Modeled After-Tax Value
$0
Simplified scenario; review the assumptions below
Year-by-Year Growth
| Age | Contribution | Growth | Balance |
|---|
Understanding Your Roth IRA
2026 Contribution Limits
$7,500
Combined Traditional and Roth IRA limit. If you're 50 or older, the 2026 total is $8,600 with the indexed $1,100 catch-up. Roth MAGI phase-outs also apply. The projection does not enforce eligibility or future annual limits. IRS source.
Tax-Free Growth
Qualified Roth IRA distributions may be free of federal income tax, including investment earnings. Qualification rules, state taxes, fees, and individual circumstances can change the outcome.
Withdrawal Rules
Roth distribution ordering and qualification rules are detailed and exceptions have specific requirements. Review current IRS guidance or consult a qualified professional before relying on a withdrawal strategy.
Frequently Asked Questions
For 2026, the combined Traditional and Roth IRA contribution limit is $7,500, or $8,600 if you are age 50 or older. Roth IRA eligibility is also limited by modified adjusted gross income: the phase-out range is $153,000–$168,000 for single and head-of-household filers, $242,000–$252,000 for married couples filing jointly, and $0–$10,000 for most married people filing separately who lived with their spouse. See the IRS 2026 retirement-limit guidance.
Roth IRA contributions use after-tax dollars and qualified distributions may be federal income-tax-free. Traditional IRA contributions may be deductible depending on income and workplace-plan coverage, and distributions are generally taxable. The appropriate choice depends on eligibility, deduction rules, current and future tax circumstances, and other goals.
You can withdraw your Roth IRA contributions at any time tax-free and penalty-free since you already paid taxes on them. To withdraw earnings tax-free, the account must be at least 5 years old and you must be 59.5 or older, disabled, or using up to $10,000 for a first home purchase. Early withdrawal of earnings may incur a 10% penalty plus income taxes.