Your ability to make contributions to a Roth and Traditional IRA depends on income levels, age, and other factors. This tool will help you figure out what your options are.
How To Use This Calculator
- This calculator will tell you whether you are able to make contributions directly to a Roth IRA.
- It will also tell you if you are eligible to make deductible (i.e., pre-tax) contributions to a Traditional IRA.
- For a Traditional IRA, eligibility thresholds depend on whether you or your spouse is covered by a retirement plan (such as a 401k) at work.
Download This Calculator
- Open this calculator in Google Sheets
- To download this calculator as an Excel spreadsheet file, click here and then select File > Download > Microsoft Excel (.xlsx)
Share This Calculator On Your Website
You are free to use this tool on your website. Simply copy and paste the HTML code below. You must include attribution and links to WealthChannel.com.
<style>@media screen and (max-width: 640px){#og_iframe{height: 500px;width:100%;}}@media screen and (min-width: 641px) and (max-width: 1024px){#og_iframe{height: 500px;width:100%;}}@media screen and (min-width: 1025px){#og_iframe{height: 1000px;width:100%;}}</style><div id='og_iframe' style='-webkit-overflow-scrolling: touch; overflow: auto;'><iframe title="IRA Eligibility Tool" src='https://wealthchannel.outgrow.us/649f355bd98bec1b4863e592?custom=1' style='border: none; overflow: hidden; width:100%; height: calc(100% - 31px);' scrolling='yes' allow="camera *;"></iframe></div>
<p><a href="https://wealthchannel.com/tools/ira-eligibility/">IRA Eligibility Tool</a> created by <a href="https://wealthchannel.com/">WealthChannel.com</a></p>