Traditional IRA Calculator
Project your tax-deferred retirement balance, estimate your annual tax deductions, and calculate required minimum distributions (RMDs) with this comprehensive planning tool.
Tax-deferred growth • Deduction analysis • RMD projections • Retirement income • 100% Free📊 Your Traditional IRA Details
Enter your personal information, contribution details, and assumptions to project your tax-deferred retirement growth.
📈 Your Traditional IRA Projection
See your tax-deferred retirement balance, tax deduction value, and estimated retirement income.
🟡 Traditional IRA (Tax-Deferred)
🔴 Taxable Account
Based on 7% return, 3% inflation, retiring at age 65.
Traditional IRA Visualized
See your tax-deferred balance growth over time and understand the breakdown of your retirement savings.
📈 Balance Growth Over Time
🥧 Savings Breakdown at Retirement
Traditional IRA by the Numbers
See how different contribution levels, returns, and tax rates affect your Traditional IRA balance.
| Annual Contribution | Years to Retirement | Expected Return | Projected Balance | Tax-Deferred Earnings | After-Tax Value (18%) |
|---|---|---|---|---|---|
| $7,000 | 30 | 7% | ~$715,000 | ~$505,000 | ~$586,000 |
| $7,000 | 35 | 7% | ~$1,035,000 | ~$790,000 | ~$849,000 |
| $7,000 | 30 | 9% | ~$1,025,000 | ~$815,000 | ~$841,000 |
| $8,000 (50+) | 30 | 7% | ~$815,000 | ~$575,000 | ~$668,000 |
| $7,000 | 40 | 7% | ~$1,490,000 | ~$1,210,000 | ~$1,222,000 |
Assumes starting balance of $10,000, 3% inflation, 22% marginal tax rate, and no withdrawals until retirement. Results are estimates.
Traditional IRA Insights
Key concepts to understand about Traditional IRAs and tax-deferred retirement savings.
Tax-Deferred Growth
Traditional IRA contributions are made with pre-tax dollars, meaning your money grows tax-deferred. You only pay taxes when you withdraw in retirement, potentially at a lower tax rate.
The Tax Deduction Advantage
If you qualify, your Traditional IRA contributions are tax-deductible, reducing your current taxable income. A $7,000 contribution at a 22% tax rate saves you $1,540 in taxes that year.
2026 Contribution Limits
For 2026, the annual Traditional IRA contribution limit is $7,500 for individuals under 50, and $8,600 for those 50 and older (including catch-up). Contributions are limited by your earned income.
Required Minimum Distributions (RMDs)
Traditional IRAs require you to start taking RMDs at age 73 (under current IRS rules). These mandatory withdrawals are taxed as ordinary income and must be taken annually.
Frequently Asked Questions
Common questions about Traditional IRAs and how this calculator works.
