easyMcalc

Limits for 1 January 2026US dollars, because the limits are

Traditional IRA calculator

A projection on today's limits, not advice and not a forecast of returns. How these figures are worked out

IRA at retirement $1,116,879.58 Full breakdown

About you
Ages are the age you reach during the calendar year, which is the test the catch-up rules use.
What you pay in
The most allowed this year is $7,500, including any catch-up amount for your age.
Income decides how much of the allowance you get. Nothing you type here is stored.
Assumptions
The fund's expense ratio, from its own prospectus. It is taken off the return, so a fee above the return is refused rather than drawn as a shrinking balance.
long-run consumer price inflation, 1 August 2026. Published by U.S. Bureau of Labor Statistics, Consumer Price Index

What your IRA is worth

Balance at retirement $1,116,879.58 at 65

  • Paid in $368,425.74
  • Growth $748,453.84
Balance at retirement
$1,116,879.58
Paid in, including what you started with
$368,425.74
Most allowed this year
$7,500

Is this year's contribution deductible?

At this income the whole contribution is deductible, up to $7,500. The deduction only starts to taper inside $81,000 to $91,000.

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Format

The image is drawn in your browser. Nothing you entered is sent anywhere.

Where the balance comes from

Over 30 years, $368,425.74 paid in grows by $748,453.84, for a balance of $1,116,879.58.

  • Paid in$368,425.74
  • Growth$748,453.84
  • 1.5M
  • 1M
  • 500k
  • 0
Balance built from money paid in and growth on it Year 1: paid in $7,500, grew $968.27, balance $18,468.27Year 2: paid in $7,688.25, grew $1,586.60, balance $27,743.12Year 3: paid in $7,881.23, grew $2,263.38, balance $37,887.73Year 4: paid in $8,079.05, grew $3,003.22, balance $48,970Year 5: paid in $8,281.83, grew $3,810.99, balance $61,062.82Year 6: paid in $8,489.70, grew $4,691.98, balance $74,244.50Year 7: paid in $8,702.79, grew $5,651.84, balance $88,599.13Year 8: paid in $8,921.23, grew $6,696.71, balance $104,217.07Year 9: paid in $9,145.15, grew $7,833.03, balance $121,195.25Year 10: paid in $9,374.69, grew $9,067.91, balance $139,637.85Year 11: paid in $9,609.99, grew $10,408.83, balance $159,656.67Year 12: paid in $9,851.20, grew $11,863.87, balance $181,371.74Year 13: paid in $10,098.47, grew $13,441.76, balance $204,911.97Year 14: paid in $10,351.94, grew $15,151.76, balance $230,415.67Year 15: paid in $10,611.77, grew $17,003.94, balance $258,031.38Year 16: paid in $12,473.60, grew $19,061.19, balance $289,566.17Year 17: paid in $12,786.69, grew $21,351.09, balance $323,703.95Year 18: paid in $13,107.63, grew $23,829.41, balance $360,640.99Year 19: paid in $13,436.63, grew $26,510.35, balance $400,587.97Year 20: paid in $13,773.89, grew $29,409.15, balance $443,771.01Year 21: paid in $14,119.61, grew $32,542.16, balance $490,432.78Year 22: paid in $14,474.01, grew $35,926.95, balance $540,833.74Year 23: paid in $14,837.31, grew $39,582.31, balance $595,253.36Year 24: paid in $15,209.73, grew $43,528.51, balance $653,991.60Year 25: paid in $15,591.49, grew $47,787.19, balance $717,370.28Year 26: paid in $15,982.84, grew $52,381.65, balance $785,734.77Year 27: paid in $16,384.01, grew $57,336.85, balance $859,455.63Year 28: paid in $16,795.25, grew $62,679.57, balance $938,930.45Year 29: paid in $17,216.81, grew $68,438.60, balance $1,024,585.86Year 30: paid in $17,648.95, grew $74,644.77, balance $1,116,879.58

Year 1Year 8Year 15Year 22Year 30

The lower band is everything paid in, by you and by anyone else. The band above it is growth.

Year by year

AgeYouGrowthBalance
Age 35$7,500$968.27$18,468.27
Age 36$7,688.25$1,586.60$27,743.12
Age 37$7,881.23$2,263.38$37,887.73
Age 38$8,079.05$3,003.22$48,970
Age 39$8,281.83$3,810.99$61,062.82
Age 40$8,489.70$4,691.98$74,244.50
Age 41$8,702.79$5,651.84$88,599.13
Age 42$8,921.23$6,696.71$104,217.07
Age 43$9,145.15$7,833.03$121,195.25
Age 44$9,374.69$9,067.91$139,637.85
Age 45$9,609.99$10,408.83$159,656.67
Age 46$9,851.20$11,863.87$181,371.74
Age 47$10,098.47$13,441.76$204,911.97
Age 48$10,351.94$15,151.76$230,415.67
Age 49$10,611.77$17,003.94$258,031.38
Age 50$12,473.60$19,061.19$289,566.17
Age 51$12,786.69$21,351.09$323,703.95
Age 52$13,107.63$23,829.41$360,640.99
Age 53$13,436.63$26,510.35$400,587.97
Age 54$13,773.89$29,409.15$443,771.01
Age 55$14,119.61$32,542.16$490,432.78
Age 56$14,474.01$35,926.95$540,833.74
Age 57$14,837.31$39,582.31$595,253.36
Age 58$15,209.73$43,528.51$653,991.60
Age 59$15,591.49$47,787.19$717,370.28
Age 60$15,982.84$52,381.65$785,734.77
Age 61$16,384.01$57,336.85$859,455.63
Age 62$16,795.25$62,679.57$938,930.45
Age 63$17,216.81$68,438.60$1,024,585.86
Age 64$17,648.95$74,644.77$1,116,879.58

Income limits the deduction here, never the contribution

This is the distinction almost every page about traditional individual retirement accounts blurs, and it matters because getting it wrong stops people saving. Anybody with earned income may pay into a traditional IRA, at any income, up to the yearly allowance. What income can take away is the deduction — and it can only take that away if you or your spouse are covered by a retirement plan at work.

So there are really three situations. Nobody in the household is covered by a workplace plan: the contribution is fully deductible whatever you earn. You are covered and your income is inside the taper: part of it is deductible. You are covered and your income is above the taper: none of it is deductible, and the contribution is still allowed. In that last case the money goes in as after-tax basis, which you then have to track for the rest of the account's life, and which is the reason people in that position usually look at a Roth instead.

The page shows the deductible amount separately from the contribution for exactly this reason. A field that refused the contribution would be telling you something false.

How the taper works, and why it is not a cliff

Inside the range the allowance falls in proportion to how far through the range your income sits. Two small rules attach to it, and both are in the statute rather than in anybody's interpretation of it: the reduction is rounded down to the nearest ten dollars, which leaves you slightly better off than a straight proportion would, and the result never falls below two hundred dollars until it drops to nothing altogether at the top of the range. Without that second rule somebody near the top of the taper would be told they could deduct eleven dollars.

The range that applies to you depends on your filing status, and there is a fourth range that most tables omit: if you are not covered by a plan at work but your spouse is, a much higher range applies to you rather than the one your spouse gets.

The allowance is separate from the one at work

An IRA allowance is not shared with a workplace plan. Somebody contributing the maximum to a 401(k) may still pay the full IRA allowance on top of it. The two limits sit in different parts of the code and are adjusted separately, which is also why the IRA figure is so much smaller: it was never meant to be the main account for somebody who has a plan at work.

From the year you turn fifty the allowance rises by a catch-up amount. Unlike a workplace plan, there is no larger band in the early sixties — that one belongs to plans at work alone.

Paying in the maximum, year after year

The allowance is adjusted for the cost of living, so "the maximum" is a different number every few years. The form offers two ways to describe what you intend: hold the amount you typed, or raise it as the allowance rises. The second is what somebody who says they max out their IRA actually means, and it is the default, because holding a fixed figure for thirty years quietly assumes you will be contributing less and less in real terms.

What this does not do

It does not model tax on withdrawals, which is the whole other half of a traditional account: everything deducted on the way in, and all the growth on top of it, is taxed as income on the way out. It does not model required minimum distributions, which force money out of the account from a certain age whether you need it or not. It does not track after-tax basis, handle rollovers or conversions, or apply the penalty on withdrawals before the qualifying age. And it assumes one steady rate of return.

Common questions

Can I pay into an IRA if I already have a 401(k)?

Yes. The two allowances are separate and neither uses up the other. What having a plan at work changes is whether the IRA contribution is deductible, and only then if your income is inside or above the taper.

What income figure does the taper use?

Modified adjusted gross income, which is adjusted gross income with certain deductions and exclusions added back, including the IRA deduction itself. For most people with straightforward affairs it is close to their adjusted gross income; if yours includes foreign earned income, savings bond interest used for education or employer-provided adoption benefits, it is worth working out properly.

Traditional or Roth?

The short version is whether your tax rate is higher now or in retirement, and the Roth page puts the two side by side on that basis. The longer version involves things neither page models: whether you can reach a Roth at all at your income, what you would do with the tax a traditional contribution defers, whether you want to be forced to take money out later, and what you intend to leave behind.

Does the deadline match the tax year?

Contributions for a tax year can generally be made until the filing deadline for that year, which means there is a window in the first months of the following year where you can contribute for either. This page projects from whichever allowance you are looking at and does not model the deadline.

Is anything I type stored?

No. The calculation happens on the server as part of rendering the page, nothing is written down, and the access log for this site drops the query string precisely so that the numbers you enter are never recorded.

Sources

The ceilings on this page are set by statute and restated by the Internal Revenue Service every year. These are the provisions they come from, and the notice the current figures were read out of:

How these figures are worked out

The balance is built month by month in whole cents rather than from a power formula, on the same schedule the savings pages use: each month earns the yearly return divided by twelve, rounded once. The year's contribution is spread evenly across its twelve months. A fee is taken off the return before anything is worked out.

Each year is measured against that year's ceilings in the order the statute applies them: pay above the limit a plan may count is ignored first, then what you may defer out of pay, then the employer's match, and finally the limit on everything one account may take in a year, which cuts the employer's share rather than yours. Ceilings rise every year with the cost of living, so the projection raises them by the inflation you assume; the statute rounds each one down to its own multiple and this does not, which leaves a projected ceiling within one rounding step of the real one.

It leaves out tax on withdrawals, required minimum distributions, plan loans, vesting schedules, early withdrawal penalties, and any change to the law between now and retirement.