Roth IRA Calculator | Growth & Contribution Limits

Eligibility depends on Modified Adjusted Gross Income (MAGI). In 2024, single filers can make a full contribution below $146,000, with a phase-out range up to $161,000. Married filing jointly limits are $230,000 (full) to $240,000 (phase-out). Use the eligibility checker in this calculator to see your contribution limit based on filing status and income.

You can withdraw your contributions (not earnings) anytime tax-free and penalty-free at any age. However, withdrawing earnings before age 59½ and before the account is 5 years old typically incurs income taxes and a 10% penalty. Qualified withdrawals in retirement are completely tax-free.

A backdoor Roth IRA is a strategy for high-income earners who exceed the income limit: make a non-deductible Traditional IRA contribution, then convert it to a Roth IRA. There is no income limit on conversions. Be aware of the pro-rata rule if you have other pre-tax IRA funds.

Use the growth projection mode: enter your current balance, annual contribution, expected return rate, and years to retirement. The calculator compounds tax-free growth and shows your estimated balance at retirement — plus the tax-free income that balance can generate each year.

Yes! In guest mode, you can export your calculations to JSON format. Sign in is required for PDF and CSV export. Click the export button to download your results. This is perfect for record-keeping, sharing with others, or importing into other tools.

Yes! Your calculation history is automatically saved. Guest users can save up to 50 calculations per workspace locally. Sign in for free to save up to 100 calculations per workspace, with access from any device when logged in.

Absolutely! The Roth IRA Calculator is completely free with no sign-up required. Create a free account to unlock additional features like more calculation history, multiple workspaces, and the ability to access your saved data from any device.