Finn

This calculator offers a highly detailed comparison between Roth and Traditional IRAs by equalizing the out-of-pocket costs for both options. It stands out by assuming you invest the upfront tax savings of a Traditional IRA into a taxable brokerage account, even accounting for dividend tax drag and long-term capital gains taxes on that side account. It's an excellent tool for optimizing your retirement strategy based on your current and expected future tax brackets. You'll want to double-check your exact contribution limits if your income falls in the IRS phase-out range, as the tool uses a hard cutoff for eligibility rather than calculating partial limits.

Reviewed v26.8.5