Roth IRA vs. Traditional IRA Comparison Tool

Roth IRA vs. Traditional IRA Comparison

For informational purposes for U.S. taxpayers. Tax laws can change.

Annual Contribution Amount ($):

Current Age (Years):

Expected Retirement Age (Years):

Current Combined Marginal Tax Rate (%):

Expected Retirement Combined Marginal Tax Rate (%):

Expected Annual Rate of Return (%):

Feature	Traditional IRA	Roth IRA
Tax on Contributions	May be tax-deductible (pre-tax dollars)	Not tax-deductible (after-tax dollars)
Tax on Investment Growth	Tax-deferred	Tax-free
Tax on Qualified Withdrawals in Retirement	Taxed as ordinary income	Tax-free
Required Minimum Distributions (RMDs) for Original Owner	Yes (typically starting at age 73/75, per current law)	No

Projection Metric	Traditional IRA	Roth IRA
Annual Tax Savings (Current Year)	$0.00	$0.00
Total Contributions Made (by retirement)	$0.00	$0.00
Projected Value at Retirement (Pre-Tax for Traditional)	$0.00	$0.00
Estimated Taxes on Withdrawals at Retirement	$0.00	$0.00
Projected Net Value for Retirement (After All Taxes)	$0.00	$0.00
Total Immediate Tax Savings (Over contribution period)	$0.00	$0.00