IRA Calculator - State Farm

Traditional vs. Roth Calculator

IRA Comparison Information
Both Traditional IRAs and Roth IRAs offer a number of tax advantages when saving for your retirement. Sometimes, the most difficult decision to make is which IRA you should contribute to. And although you can generally choose both types of IRAs, you want to select the one that is most advantageous. You should consider a number of factors to determine which IRA is best suited for your needs, including your current age, income, tax rate, and years left before you will need the money for retirement purposes. This calculator is intended to help you analyze which IRA is right for you.
Retirement Age: 

Annual Contribution: 

Number of Years to Contribute: 

Assumed Rate of Return:  %
Current Tax Rate:  %
Tax Rate at Retirement:  %
                                      


Funding vehicles offering the potential for higher rates of return also involve a higher degree of risk.

PLEASE NOTE: State Farm is providing this software "as is" without any warranty of any kind, either expressed or implied, including without limitation the implied warranties of merchantability and fitness for a particular purpose. Any risk arising out of use or performance of this software remains entirely with the user. Under no circumstances will State Farm be liable for any damages whatsoever arising out of the use or performance of this software.

State Farm does not provide tax or legal advice. You should contact your tax or legal advisor for advice regarding your situation.


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