An IRA can be an effective retirement tool. There are two basic types of Individual Retirement Accounts (IRA): the Roth IRA and the Traditional IRA. Use this tool to determine which IRA may be right for you. Please note, that this calculator should not be used for Roth 401(k) comparisons.
The information provided by these calculators is intended for illustrative purposes only and is not intended to show actual user-defined parameters. The default figures shown are hypothetical and may not be applicable to your individual situation. Please be sure to consult a financial professional prior relying on these results.