TVM Calculator
Currency Converter
Compound Interest Calculator
Return On Investment (ROI) Calculator
IRR NPV Calculator
Bond Calculator
Tax Equivalent Yield Calculator
Rule of 72 Calculator
College Savings Calculator
Investment Income Calculator
Mutual Fund Fee Calculator
US Health Savings Account Calculator
Savings Goal Calculator
Loan Calculator
Loan Comparison Calculator
Loan Refinance Calculator
APR Calculator
APR Advanced Calculator
Commercial Loan Calculator
Loan Analysis Calculator
More Loan Calculators
Retirement Planner
401k Contribution Calculator
401k Save the Max Calculator
Retirement Savings Analysis
Retirement Income Analysis
Traditional IRA vs Roth IRA
Required Minimum Distribution
Social Security Estimator
Asset Allocation Calculator
Retirement Calculator
Annuity Calculator
Credit Card Payoff Calculator
Credit Card Minimum Calculator
Auto Loan Calculator
Auto Lease Calculator
Stock Return Calculator
Stock Constant Growth Calculator
Stock Non-constant Growth Calculator
CAPM Calculator
Expected Return Calculator
Holding Period Return Calculator
Weighted Average Cost of Capital Calculator
Black-Scholes Option Calculator
Miscellaneous Calculators
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Tip Calculator
Discount and Tax Calculator
Percentage Calculator
Date Calculator
Unit Conversion
US Inflation Calculator
US Treasury Bill Calculator
Margin and Markup Calculator
Business Forecast Calculator
Fuel Calculator
Hourly to Salary Calculator
Salary Increase Calculator
US Paycheck Tax Calculator
Net Distribution Calculator
Effective Rate Calculator
Financial Ratios
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Traditional IRA vs. Roth IRA |
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Before Tax
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After Tax
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Amount at Retirement
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Taxable Investment
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Deductible IRA
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Nondeductible IRA
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Roth IRA
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Annual Distribution
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Taxable Investment
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Deductible IRA
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Nondeductible IRA
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Roth IRA
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Total Distribution
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Taxable Investment
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Deductible IRA
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Nondeductible IRA
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Roth IRA
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Note:
Taxable Investment: Investment gains from taxable investment are taxed each year. You do not pay tax again at distribution time.
Deductible IRA (Traditional IRA): Contributions are deductible on your tax return, and any earnings can potentially grow tax-deferred until you withdraw them in retirement. For comparison purpose you input after-tax contribution in this app. For example your annual after-tax contribution is $5,500, the pre-tax contribution is $6,470 assuming 15% tax bracket. Both contribution and investment gains will be taxed at the distribution time.
Non-deductible IRA: Contributions are made with after-tax money. The investment gains will not be taxed each year until you withdraw the money. The investment gains will be compounded. Only the investment gains are taxed at the distribution time.
Roth IRA: Contribution are made with after-tax money. The investment gains are not taxed each year. You don't pay any tax for the investment gain when you withdraw it either. You do not pay any tax at distribution time.
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