Roth vs. Traditional IRA

This Roth IRA Calculator shows the potential differences among the values of a Roth IRA, a Traditional IRA, and a plain savings account over time. Fill in the following information and click the Calculate button for results.

Beginning balance:
Annual interest rate:
Annual contribution:
Current age:
Retirement age:
Marginal tax rate*:

Results: print this page

Roth IRA after taxes:
Traditional IRA after taxes (assumes reinvestment of tax savings in conventional taxable account):
Conventional taxable savings:

Note: This calculator is intended for informational purposes only and GMAC is not responsible for any errors in calculations. This calculator may use certain assumptions that may not apply to your specific case. The calculator is not meant to be used as the basis for any savings, expense, investment, or other financial decision.

*The marginal tax rate is the tax rate you expect to pay on your taxable investments.