Traditional IRA to Roth Conversion Calculator
Unsure if you should convert a Traditional IRA to a Roth IRA? Use this calculator to figure out which option is likely to work better for your circumstances. This calculator makes a number of important assumptions:
- the Roth IRA will be maintained for at least 5-years
- withdrawals won't be made until you are at least 59.5 years old
For sake of simplicity the calculator also presumes a constant rate of return on investments & that your federal tax bracket will not change across any period.
The calculator does not account for state taxes or Alternative Minimum Tax (ATM). Please be sure to consult a qualified tax professional before making any changes to your existing retirement plan.
Enjoy Your Savings & Your Retirement!
Please be sure to contact a financial advisor before making any major shifts to your retirement savings.
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Every investment you make comes with a substantial risk of loss of principal or purchasing power. The safest investment you can make is investing in yourself.
If you let others manage your investments, the single biggest factor you can control is your investment-related expenses, as they have a big impact on compounding.