IRA Contribution
Calculator

Choosing the right retirement account can be complicated—but it doesn't necessarily have to be. Our IRA Contribution Calculator will take you through what you need to know to make an informed decision. Input your information below and see how much you can contribute to a Traditional, Roth, and SEP IRA account this year.

By using our Traditional, SEP, and Roth IRA Contribution Calculator above you can learn more about how much you can contribute this year to each retirement account.

Traditional IRA?

A traditional IRA (individual retirement account) is a retirement account that you can open and fund yourself. This account is not through an employer. Contributions limits for 2019 are: $6,000 or $7,000 if you are 50 years or older. Income limitations apply.

Roth IRA

A Roth IRA is also a retirement account that you open and fund yourself not through an employer. However, this account is different from a traditional IRA because you contribute after-tax money to it, so in retirement you can withdraw your money tax-free. Contributions limits for 2019: $6,000, or $7,000 if you are over 50 years old. Income limitations apply.

SEP IRA

A SEP IRA (Simplified Employee Pension) is a retirement account for small business owners or self-employed people. Contribution limits for 2019: Whichever is lower of $56,000 or 25% of compensation per employee. Other limitations may apply.

  
    
      

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