Roth IRA Calculator: Pension Plan Calculator

The Roth IRA Calculator provides and annual projection of your investment and how the interest growth accumulates during the period of your pension plan. Unlike Traditional IRA Pension plans, with Roth IRA (Individual Retirement Agreement) you pay tax on your contributions as you pay into the fund, but withdraw the funds tax-free in retirement.

You may also like to try our Traditional IRA calculator and / or compare pensions plans using the Retirement Savings Comparison - ROTH and IRA calculator.

Roth IRA Calculator
Detail	Figures	Comments
Annual Contribution $		Enter your annual contribution either before or after tax
Contribution is amount paid		Select "Before Tax" or "After Tax" from dropdown
Current Tax Rate		(only required if contribution is before tax)
Nett Amount		Annual contibution allowing for tax.
Saving period (years)		Number of years to maturity
Rate of Return (%)		Interest rate payable annually on anniversary
Maturity amount $		Total fund you can withdraw for your retirement on maturity

The payment schedule below is based on a fixed annual contribution and rate of return as above

Payment Schedule
Payment number	Nett Payment Amount	Interest	Balance

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Tip: use the Advanced Tax Calculator and enter your IRA payments to see how this affects your taxable income. Depending on your current income and the income you expect to have during retirement, you may pay less tax and access more or your earning with a Traditional IRA Pension. Use the Retirement Savings Comparison - ROTH and IRA calculator to compare how the two pension plans could work to your advantage in retirement.

The Roth IRA Calculator provides and annual projection of your investment and how the interest growth accumulates during the period of your pension plan.

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Frequently Asked Questions

How do I adjust prior payroll filings?

Amend with 941-X or 944-X as applicable.

What types of federal tax does this calculator focus on?

This calculator focuses on core federal income tax calculations based on your income, filing status and applicable rules, without relying on assumptions from other tools.

Can I jump to state-specific tax tools?

Browse state calculators from the popular calculators hub (state list included).

Can I itemize instead of the standard deduction?

Run Schedule A to compare itemizing vs standard.

What if I received a large gift or plan gifting?

See Form 709 for U.S. gift tax and reporting.

Important Notes

All calculations are estimates for guidance only. Always review your return and consider professional advice when submitting official filings.