CalcXML's Roth IRA Conversion Calculator will help you determine if it makes sense for you to convert to a Roth IRA.
The current balance of your Roth IRA. Annual contribution The amount you will contribute to your Roth IRA each year. This calculator assumes that you make your contribution at the beginning of each year. For 2024, the maximum annual IRA contribution is $7,000 which is a $500 increase from...
Current age:The age you are now. Those 50 or older are eligible to contribute an extra $1,000 as a catch-up contribution. Estimated rate of return:The annual rate of return is the amount the investments in your Roth IRA lose or gain in a year. The Roth IRA calculator defaults to a...
Bankrate.com provides a FREE Roth IRA calculator and other 401k calculators to help consumers determine the best option for retirement savings.
Jump to our Roth IRA contribution calculator. Roth IRA income limits for 2024 and 2025 Your tax filing status and modified adjusted gross income (MAGI) determine how much you can contribute to a Roth IRA. If your MAGI is above the income limit for your filing status, your ability to contri...
How can the IRA Contribution Calculator help me? If I qualify to contribute to both a traditional IRA and a Roth IRA, are there tax implications I should consider? How much can I contribute? Resources Traditional or Roth IRA, or both?
Use this calculator to compare a Traditional and Roth IRA to a general investment account to see how your money can potentially grow over time. Use the calculator Frequently asked questions Sharpen your knowledge 4 strategies for getting the most out of your IRA ...
Fidelity’s Go Roth IRA doesn’t charge advisor fees for account balances under $25,000. However, it charges a 0.35% annual advisory fee for accounts over $25,000. Fidelity includes tools like an IRA retirement calculator and educational resources to help prepare you for retirement. You’ll...
Open an IRA Already have a Fidelity IRA?Make a contribution Age requirements You can contribute to an IRA at any age. If you have a traditional IRA, a Roth IRA―or both―the maximum combined amount you may contribute annually across all your IRAs is the same: ...
Details of Roth IRA Contributions The Roth IRA has contribution limits, which are $6,500 for 2023 and $7,000 in 2024. If you’re age 50 or older, you can contribute an additional $1,000 as acatch-up contribution.64Contributions, not earnings, can be withdrawn tax-free at any time.7...