FAQs
Reset
Modify inputs
Show results
Your date
of
birth
Your age is one of several key variables used in determining your IRA contribution eligiblity and contribution amount. Traditional IRA contributions are not allowed for the year in which you reach age 70½, or for subsequent years. However, you may still be able to contribute to a Roth IRA if otherwise eligible. Also, your age is used to determine whether you are age-eligible for a catchup contribution.
MM
DD
YYYY
Are you an active participant in an employer-sponsored retirement plan?
Participation by you and/or your spouse in an employer-sponsored retirement plan may affect deductibility of Traditional IRA contributions, depending upon your income tax filing status and modified adjusted gross income (MAGI).
Yes
No
Your tax filing status
In certain cases, contribution limits and deductibility are affected by your federal income tax filing status.
Single
Married Filing Jointly
Married Filing Separately
Your spouse's date of birth
Your spouse's age is one of several key variables used in determining your IRA contribution eligiblity and contribution amount. Traditional IRA contributions are not allowed for the year in which you reach age 70½, or for subsequent years. However, you may still be able to contribute to a Roth IRA if otherwise eligible. Also, your age is used to determine whether you are age-eligible for a catchup contribution.
MM
DD
YYYY
Is your spouse an active participant in an employer-sponsored retirement plan?
Participation by you and/or your spouse in an employer-sponsored retirement plan may affect deductibility of Traditional IRA contributions, depending upon your income tax filing status and modified adjusted gross income (MAGI).
Yes
No
Tax year
The tax year for which you intend to contribute must be indicated in order to determine your age(s) in the contribution year, as well as reflect the accurate contribution limit(s) for the applicable year.
2017
2018
Estimated household modified adjusted gross income (MAGI) for year
Modified adjusted gross income (MAGI) represents adjusted gross income (AGI) before certain deductions and adjustments are considered. Your MAGI (or the joint MAGI of you and your spouse, if filing jointly) can impact both your contribution eligibility as well as your ability take a tax deduction for your contribution (in the case of Traditional IRA contributions).
$
.00
Commas disabled
Check for errors
Javascript is required for this calculator - please check browser settings and enable javascript
Calculate