Roth IRA Calculator 2026
Project your Roth IRA balance at retirement. See tax-free growth, how much you'd pay in taxes on a taxable account, and your net advantage.
2026 Roth IRA contribution limits are $7,000 ($8,000 if age 50+). Income phase-outs begin at $150,000 for single filers and $236,000 for married filing jointly. Roth contributions are after-tax, but all growth and qualified withdrawals (age 59½ + 5-year rule) are permanently tax-free — including on earnings.
Roth IRA vs Traditional IRA: Which Is Better?
The core question: will your tax rate be higher or lower in retirement? If higher → Roth wins (pay tax now at lower rate, withdraw tax-free later). If lower → Traditional wins (deduct now at higher rate, pay tax in retirement at lower rate).
For most people in their 20s–40s who expect income to grow over their career, the Roth is the better choice. The tax-free growth for 30+ years compounds dramatically.
2026 Roth IRA Rules
- Contribution limit: $7,000/year ($8,000 if 50+)
- Income phase-out: $150,000–$165,000 (single) / $236,000–$246,000 (MFJ)
- No required minimum distributions during owner's lifetime
- Contributions (not earnings) can be withdrawn anytime penalty-free
- Payroll Taxes Guide
- Overtime Rules
- Tax Withholding Guide