How does a Roth IRA calculator work?

A Roth IRA calculator estimates your future retirement savings based on annual contributions, expected rate of return, and number of years invested. It also factors in tax-free growth and withdrawals.

What are the Roth IRA contribution limits for 2025?

For 2025, individuals under 50 can contribute up to $7,000 and those 50 and older can contribute $8,000. These limits apply across all IRAs combined.

Who is eligible to contribute to a Roth IRA?

Eligibility depends on your modified adjusted gross income (MAGI). In 2025, single filers under $146,000 can contribute fully, with phased-out eligibility up to $161,000.

What’s the difference between Roth and Traditional IRAs?

Roth IRAs use after-tax contributions and withdrawals are tax-free. Traditional IRAs use pre-tax contributions, grow tax-deferred, and withdrawals are taxed as income.

Should I convert my IRA to a Roth IRA?

A Roth conversion may be beneficial if you expect higher taxes in retirement. Converting requires paying taxes upfront on pre-tax contributions, but future growth and withdrawals become tax-free.

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Roth IRA Calculator

Name: Roth IRA Calculator
Author: CalcPortal Pro

Calculate your Roth IRA retirement savings potential, understand tax benefits, and plan contributions for 2024 and 2025. See how tax-free growth can accelerate your retirement goals.

Roth IRA Calculator

Current Age

Retirement Age

Current Balance ($)

Annual Contribution ($)

2025 limit: $7,000 ($8,000 if 50+)

Expected Annual Return (%)

Current Tax Rate (%)

Why Choose a Roth IRA?

Tax-Free Growth

Your investments compound without annual tax drag

Tax-Free Withdrawals

Qualified distributions are completely tax-free

No RMDs

No required minimum distributions at age 73

Flexible Withdrawals

Contributions can be withdrawn penalty-free anytime

Estate Planning

Tax-free inheritance for your beneficiaries

Hedge Against Tax Increases

Protect against future higher tax rates

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Understanding Roth IRAs

What is a Roth IRA?

A Roth IRA is a retirement savings account that offers tax-free growth and tax-free withdrawals in retirement. Contributions are made with after-tax dollars, but your investments compound tax-free and qualified withdrawals are completely tax-free.

Key Benefits of Roth IRAs

Tax-Free Growth: Investments compound without annual tax drag
Tax-Free Withdrawals: Qualified distributions are completely tax-free
No Required Minimum Distributions: Funds can remain invested indefinitely
Flexible Contributions: Contributions (but not earnings) can be withdrawn anytime
Estate Planning Benefits: Tax-free inheritance for beneficiaries

Contribution Limits

For 2025, individuals under 50 can contribute $7,000 annually, and those 50 and older can contribute $8,000. These limits apply across all IRAs combined.

Income Limits

In 2025, single filers can contribute fully if their modified adjusted gross income (MAGI) is under $146,000, with phased-out eligibility up to $161,000.

When to Choose a Roth IRA

Roth IRAs are ideal for younger investors in lower tax brackets, those expecting higher taxes in retirement, and anyone who values tax-free income during retirement.

Investment Strategy

Roth IRAs work best with long-term, high-growth investments like stocks and equity funds. The longer your time horizon, the greater the benefit of tax-free compounding.