Ever wondered what your net worth is or where all of your money goes each month? We are providing these calculators as a service to our friends and clients.
While the results of each calculator should not be relied on as a definitive answer or solution, they can serve as a useful guide and a starting point in your detailed budgeting and financial planning.
How Much Can I Contribute To An IRA?
Many factors can affect your eligibility to contribute to an Individual Retirement Account (IRA) -- including your marital status, availability of a retirement plan at work, current and future tax rates, investment returns, when you will withdraw the money, and how you will use the money. This calculator is designed to help you determine whether you are eligible to contribute to both the Traditional and the Roth IRA.