137 Calculators:
View Today's Rates
Roth IRA Conversion Calculator
The purpose of the Roth IRA Conversion tool is to determine if there will be a net gain or net loss from a conversion of the user's Traditional IRA to a Roth IRA. To use this tool you will need to enter the amount that you want to convert, your current age, your rate of return, the tax rate at retirement, the non-deductible contribution amount, your age at retirement, your current tax rate, and your investment tax rate. This conversion tool will use this information to determine the final net worth of your Traditional IRA and the final net worth of a Roth IRA. This tool will then tell you whether your conversion will result in a net gain or a net loss.
Roth IRA Conversion Calculator Overview
While there was a rush to convert Traditional IRAs to Roth IRAs when Roths were first introduced in 1997, not everyone should make this transition. In some cases the conversion from a Traditional IRA to a Roth IRA can decrease the net worth of the retirement account and hurt your ability to meet your retirement savings goals. To determine if you should convert your Traditional IRA to a Roth IRA you can use our Roth IRA Conversion Calculator.