Roth IRA vs Traditional IRA Calculator
Both IRAs hold the same $7,500 (2026) limit — the difference is when you pay tax. This calculator compares the after-tax outcome at your current and future tax rates.
How this calculator works
A traditional IRA contribution is deductible now and taxed at withdrawal; a Roth IRA contribution is taxed today and withdrawn tax-free. The calculator grows the same contribution either way, then applies each account's tax treatment: the traditional balance is reduced by your retirement tax rate, while the Roth balance is reduced by your current rate on the contribution itself. With equal rates the result is identical, so the choice comes down to whether you expect a higher or lower bracket later. Watch the 2026 Roth income phase-outs ($153k–$168k single, $242k–$252k married) if your income is high.
Frequently asked questions
Which IRA should I choose?
If you expect a lower tax rate in retirement, traditional wins. If higher — typical early in your career — Roth wins. At equal rates the math is identical, and many people split contributions across both.
Can I deduct a traditional IRA contribution?
Only if you (or your spouse) are not covered by a workplace retirement plan, or your income is below the phase-out range. If neither of you has a workplace plan, the full contribution is deductible.
Am I too rich for a Roth IRA?
Roth eligibility phases out at $153,000–$168,000 MAGI (single) or $242,000–$252,000 (married) in 2026. Above that, a backdoor Roth — contributing to a traditional IRA and converting — still works if you have no other pre-tax IRA balance.
Disclaimer: Results are estimates for general information only and do not constitute financial, tax, or legal advice. Figures reflect 2026 rules and may change. Always confirm current limits and consult a qualified professional before making decisions. Official figures: IRS.gov · 2026 limits per IRS tax inflation adjustments.