: Roth vs. Traditional IRA Planner

Roth vs. Traditional IRA Planner

Welcome to our IRA Planner. This tool is designed to help you identify the different IRA's for which you might be eligible, and determine the IRA that may be best for you. To use the Planner, simply enter the appropriate information in the fields below, then click the "Analyze Your Options" button. The result will be a summary of the IRAs that are available to you, and a projected balance in each.

NOTE: Do not enter commas, $, or other non-numeric characters in your input. Enter percentages as integers (i.e. enter 7% as 7, not as 0.07). Use TAB to move from one input box to the next.

1a. Enter your Birthdate:

1b. Enter your Spouse's Birthdate:
(if applicable)

2. For how many years can you defer taking distributions? (this can be greater than age 70.5 for calculation purposes only): yrs.

3. Select your Federal Income Tax Filing Status:

4. Enter your Adjusted Gross Income (AGI)
(combined, if married filing jointly): $

5. Enter the Estimated Annual Return (this return will be used for the Traditional IRA, Roth IRA and nondeductible IRA. NOTE: An Estimated Return in excess of 12% may not be a reasonable assumption): %

6. Please select your current marginal tax rate:
Click here if you need to look it up.

7. Please select your marginal tax rate at the assumed distribution age:
Click here if you need to look it up.

8. Are you or your spouse a participant in an employer sponsored retirement plan? Client: Yes No
Spouse: Yes No
(if applicable)

9. To factor in the savings of any tax deduction, please enter the growth rate and marginal tax rates to apply when calculating the deductions: Growth Rate: %
Tax Rate During Accumulation: %
Tax Rate Upon Distribution: %

10. Additional Annual "Catch-Up" Contribution for those Age 50 & Over: $

11. Select Output Report Options: Show Color Bar Chart.
Show Year-by-Year Growth Table

2009 TAX RATE SCHEDULE The following table can be used to determine your marginal tax rate based upon your taxable income (Form 1040 Line 38). Find your Tax Filing Status in the left hand column and then look up your tax bracket based upon your taxable income (i.e. find the column that matches your taxable income level).

FILING STATUS	MARGINAL TAX BRACKET
FILING STATUS	10%	15%	25%	28%	33%	35%
Single	$8,350 and under	$33,950 and under	$82,250 and under	$171,550 and under	$372,950 and under	$372,950 and under
Married Filing Jointly	$16,700 and under	$67,900 and under	$137,050 and under	$208,850 and under	$372,950 and under	$372,950 and under
Married Filing Separately	$8,350 and under	$33,950 and under	$68,525 and under	$104,425 and under	$186,475 and under	$186,475 and under
Head of Household	$11,950 and under	$45,550 and under	$117,450 and under	$190,200 and under	$372,950 and under	$372,950 and under