Traditional IRA Calculator

Project your Traditional IRA growth and the tax deduction your contributions provide today.

Current IRA balance ($)What you have now Annual contribution ($)How much you add each year Years until retirementHow long it grows Annual return (%)Long-run growth, often 6-8 Your tax rate (%)Your marginal bracket, for the deduction

IRA value at retirement
Total contributed
Total tax deducted along the way

Educational estimate only, not tax advice. Deduction eligibility phases out at higher incomes if you're covered by a workplace plan.

How it works

A Traditional IRA lets contributions grow tax-deferred, and depending on your income, contributions may be tax-deductible now — you pay income tax later when you withdraw. This projects the balance at retirement and estimates the tax deduction your contributions provide along the way. Compare against a Roth with the Roth conversion calculator to see which fits your situation.

All retirement calculators

Social Security Taxation → Guide: How SS Is Taxed → Net Worth → 401(k) Growth → 72(t) SEPP → FIRE Number → Guide: Tax on 401(k) Withdrawal → Guide: When Should You Retire → Fixed Annuity → Deferred Annuity → Annuity vs CD → Guide: Immediate Annuity Income → Guide: Should You Take a Buyout → Guide: SS Spousal Benefits → Guide: Pension COLA Raises → Guide: How Much to Retire → Guide: How a Lump Sum Is Calculated → Guide: Lump Sum vs Monthly → Guide: How to Calculate Your RMD → Guide: Early Withdrawal Penalty → Pension Lump Sum Tax → Interest Rate Impact on Lump Sum → Early Retirement Reduction → Roth Conversion → Inherited IRA (10-Year Rule) → TSP (Thrift Savings Plan) → Cash Balance Pension → QDRO / Divorce Pension Value → Pension Lump Sum vs Monthly → Pension Buyout / Commuted Value → Pension Survivor Benefit → Pension COLA → Immediate Annuity Payout → Annuity vs Lump Sum → Annuity Present Value → How Long Savings Last → Withdrawal Rate → How Much to Retire → Income Gap → Inflation Impact → Social Security Break-Even → RMD (Required Minimum Distribution) → Social Security Spousal Benefit → Pension vs 401(k) Rollover → Early Withdrawal Penalty → Pension Maximization → 403(b) Retirement Calculator → 457(b) Retirement Calculator → Rule of 55 Calculator → Backdoor Roth IRA Calculator → Social Security Claiming Age Optimizer → Federal Pension (FERS) Calculator → Net Unrealized Appreciation (NUA) →