Traditional IRA Calculator

Contributing to a traditional IRA can create a current tax deduction, plus it provides for tax-deferred growth. Though long-term savings in a Roth IRA may produce better after-tax returns, a traditional IRA may be an excellent alternative if you qualify for the tax deduction.

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The output from this tool is generated based upon inputs provided by you and meant to convey general financial information designed to help you meet your financial goals. It does not take into account all of the unique circumstances that may affect your financial decisions, and nothing contained herein should be considered personalized investment advice that is tailored to your individual needs. The information should not be construed as legal, tax or accounting advice. The results obtained should not serve as the sole or primary basis for making investment decisions.