IRA Information
IRA Tax Analysis
Enter your IRA information to see your tax analysis.
Traditional IRA analysis will appear here.
Roth IRA analysis will appear here.
IRA comparison will appear here.
Traditional vs Roth IRA Comparison
Traditional IRA
Roth IRA
2025 IRA Information
Contribution Limits
Under 50: $7,000 annual limit
50 and Over: $8,000 (includes $1,000 catch-up)
Combined Limit: Total across all IRAs
Earned Income: Cannot exceed earned income
Traditional IRA Deduction Limits
No Employer Plan: Fully deductible
Single (with plan): Phase-out $77,000-$87,000
MFJ (with plan): Phase-out $123,000-$143,000
MFS (with plan): Phase-out $0-$10,000
Roth IRA Income Limits
Single: Phase-out $138,000-$153,000
MFJ: Phase-out $218,000-$228,000
MFS: Phase-out $0-$10,000
Above Limits: Consider backdoor Roth
Withdrawal Rules
Traditional: 10% penalty before 59½
Roth Contributions: Withdraw anytime tax-free
Roth Earnings: 5-year rule + 59½
Exceptions: First home, education, hardship
Important Information
This calculator provides estimates for IRA tax planning purposes only. Actual tax benefits may vary based on specific circumstances, income levels, and complex tax situations. IRA rules are subject to change and have various eligibility requirements and restrictions. The calculator uses simplified calculations and may not account for all deduction phase-outs, income limits, or special situations. Always consult with a qualified financial advisor or tax professional for personalized retirement planning advice.