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IRA Conversion Calculator
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Should I convert to a Roth IRA?

The Roth IRA Conversion calculator will help determine whether you are eligible to convert your traditional IRA into a Roth IRA and whether a Roth conversion makes sense for you:

After you've entered your information below, click the "Calculate" button to determine if a Roth conversion is best for you.

IRA Conversion Calculator
In what calendar year does the IRA conversion occur?   
What will your tax filing status be?
Did you live with your spouse at any time during the year?   
Do you participate in an employer-sponsored retirement plan1?   
Does your spouse participate in an employer-sponsored retirement plan1?   
What is your estimated Modified Adjusted Gross Income (MAGI)2? $
What is your current traditional IRA balance? $
How much, if any, of your Traditional IRA balance is nondeductible? $
Outside of your traditional IRA, how much savings do you have available to pay any income taxes due on the conversion? $
What is your current income tax rate?
Federal
 State
What is your expected income tax rate at retirement?
What is your date of birth?  /  /
At what age do you plan to retire?
What average rate of return do you expect to earn on your IRA investment3?

1Employer-sponsored retirement plans include 401(k) and 403(b) plans.
2Your MAGI is your annual adjusted gross income as figured on your federal income tax return, with certain deductions and exclusions added back. Under the Tax Increase Prevention and Reconciliation Act (TIPRA) of 2006, there will be no limits on who can make Roth conversions starting in 2010.
3Use an average rate of return that's appropriate for the mix of investments in your portfolio.

The rate of return used to grow your assets is hypothetical and does not represent the performance of any investment. There is no guarantee that the estimated rate of return can be achieved.

The calculation provided is for illustration purposes only and is not intended to represent whether you should convert your traditional IRA to a Roth IRA. The calculation is not intended to provide specific advice to any individual. Please consult a professional tax advisor before taking specific action.