Traditional IRA Calculator
Compound a starting traditional IRA-style balance with optional deposits each period. Deduction and later taxation are not computed. Informational, not tax or investment advice.
Rated 4.7 out of 5 based on 441 reviews
How to project a traditional IRA-style balance
- Enter the current balance and the annual return you want to assume.
- Set years and compounding frequency.
- Enter a contribution per compounding period, or use 0 for a lump sum only.
- Read future value, contributions, interest earned, and effective annual rate.
- Remember that deduction and withdrawal tax are not modeled. This is not tax advice.
Traditional IRA growth sketch
Compound growth with optional periodic contributions
| Formula | P * (1 + r/n)^(n t) plus contribution annuity |
|---|---|
| Account note | Traditional IRA sketch: deduction and later taxation are not computed |
| Limits | IRS contribution caps are not enforced |
| RMD link | Required withdrawals use a separate RMD page |
| Return | Typed constant rate, not a market forecast |
| Advice | Informational. Not tax or investment advice. |
What this traditional IRA page projects
The live route uses the catalog path /calculators/finance/investment/ira-calculator/ while the tool id remains traditional-ira. The engine compounds principal and contributions at a fixed rate and notes that tax deduction and later taxation are not computed.
Formulas used
Future value of the starting balance uses standard compound interest. Contributions add an ordinary or due annuity at the same periodic rate. No marginal tax rate enters the math.
Related money pages
A Roth-style projection is on Roth IRA. Required minimum distribution sketches sit on RMD. Plain compounding without an IRA label is on compound interest.
Use cases
Sketch growth from a starting traditional IRA balance and regular deposits. Compare contribution timing. Pair with the RMD page later for a distribution sketch. Not a deduction worksheet.
Worked example
Start with $40,000, 7% annual return, 20 years, monthly compounding, and $400 end-of-month contributions. The page compounds those inputs and reports future value and interest earned without applying tax rates.
Limits
No deduction phaseouts, early-withdrawal penalties, or RMD start ages. Contribution limits are not enforced. Informational, not tax or investment advice. See the disclaimer.