Tannin Capital, LLC
Clay H Young, CFA
1026 Jay Street
Suite B153
Charlotte, NC 28208
844-682-6646
704-552-1082
clayyoung@tannin.com
tannin.com
 
 




Traditional IRA Future Value Calculator
Traditional IRA Future Value Calculator

This calculator will estimate and chart the future value of a tax-deferred traditional IRA. Just enter the required information to calculate the potential value at retirement. The calculation assumes that the same annual contribution is made at the end of each year until retirement, and that all contributions are fully tax deductible. Investment earnings are compounded annually on a tax-deferred basis.


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IRA contribution limits, including "catch-up" contributions for individuals age 50 or over, are summarized in the table below.

Years
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Contribution limits:

Tax year beginning inContribution limits (under age 50)Additional catch-up contribution limits (age 50 or over)
2019 - 2022$6,000$1,000


This calculation assumes that each contribution is fully tax deductible. If either the IRA owner or spouse participates in an employer-sponsored retirement plan, the deductibility of contributions is subject to limitations based on tax filing status and modified adjusted gross income. Withdrawals from traditional IRAs are subject to federal income tax to the extent that they consist of deductible contributions and investment earnings. Withdrawals made before age 59½ may also be subject to a 10 percent penalty.



This information was developed by Broadridge, an independent third party. It is general in nature, is not a complete statement of all information necessary for making an investment decision, and is not a recommendation or a solicitation to buy or sell any security. Investments and strategies mentioned may not be suitable for all investors. Past performance may not be indicative of future results.  Investing involves risk and you may incur a profit or a loss.  Tannin Capital, LLC does not provide legal or tax advice.  For legal or tax advice, please seek the services of a qualified professional.  This communication and the information it contains should not be interpreted as an offer by Tannin Capital, LLC to provide investment advisory services.  Please visit tannin.com for important disclosures.  Preserve Strengthen Grow® Tannin™

Prepared by Broadridge Investor Communication Solutions, Inc. Copyright 2022.