IRA Eligibility Calculator

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Am I eligible for an IRA?

This calculator will help you determine which IRA types you are eligible for and which types of IRA contributions you can make.

After you've entered your information below, click the "Calculate" button to determine if and how you are eligible to participate in an IRA.

IRA Eligibility Calculator
What calendar year is this IRA contribution for?	2010 2009
What will your tax filing status be?
Did you live with your spouse at any time during the year?	Yes No
Do you participate in an employer-sponsored retirement plan¹?	Yes No
Does your spouse participate in an employer-sponsored retirement plan¹?	Yes No
What is your estimated Modified Adjusted Gross Income (MAGI)²?	$
What is your date of birth?	/ /

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.

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