VyStar Investment Services

76 S Laura Street
Jacksonville, FL 32202
904-908-2495
vismarketing@vystarcu.org
www.vystarinvestmentservices.com
 
 




Traditional vs. Roth IRA Calculator
Traditional vs. Roth IRA Calculator

Both traditional and Roth IRAs feature tax-sheltered growth of earnings. And both potentially give you a wide range of investment choices. However, there are important differences between these two types of IRAs. Assuming that you qualify to make both Roth IRA contributions and deductible contributions to a traditional IRA, the most appropriate choice depends on your personal financial situation. Use this calculator as a starting point in your analysis.


Years

*How old you will be as of December 31st of this year (maximum: 99)

*Must be at least one year greater than your current age (maximum: 100)

*This overrides annual IRA contribution entry

$


Contribution limits:

Tax year beginning inContribution limits (under age 50)Additional catch-up contribution limits (age 50 or over)
2013 - 2018$5,500$1,000
2019 - 2020$6,000$1,000


Securities and Advisory Services are offered through LPL Financial, A Registered Investment Advisor, Member FINRA/SIPC.  Insurance products offered through LPL Financial or its licensed affiliates.  The investment products sold through LPL Financial are not VyStar Credit Union deposits and are not NCUA insured.  These products are not obligations of VyStar Credit Union and are not endorsed, recommended or guaranteed by VyStar Credit Union or any government agency.  The  value of the investment may fluctuate, the return on the investment is not guaranteed and loss of principal is possible.  VyStar Credit Union and VyStar Investment Services are not registered broker/dealers and are not affiliated with LPL Financial.

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.   All performance referenced is historical and is no guarantee of future results.  All indices are un-managed and may not be invested into directly.   The information provided is not intended to be a substitute for specific individualized tax planning or legal advice.   We suggest that you consult with a qualified tax or legal advisor.

LPL Financial Representatives offer access to Trust Services through The Private Trust Company N.A., and affiliate of LPL Financial. 

This communication is strictly intended for individuals residing in the state(s) of FL. No offers may be made or accepted from any resident outside the specific states referenced.

Prepared by Broadridge Investor Communication Solutions, Inc. Copyright 2020.