Roth IRA Calculator
Roth IRA Growth
Roth vs Traditional
Formula
FV = Σ (Balance + Annual Contribution) × (1 + r) for each year. Growth is tax-free.
Frequently Asked Questions
What is the Roth IRA contribution limit?
For 2024, the Roth IRA contribution limit is $7,000 per year ($8,000 if age 50+). Income limits may reduce or eliminate your ability to contribute.
Why is a Roth IRA tax-free?
Roth IRA contributions are made with after-tax dollars, so qualified withdrawals in retirement are completely tax-free, including all investment gains.
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