Instructions for Using the Calculator

To use these financial calculators, simply input the required data into the provided fields. Make sure to review each result for accuracy and consult a financial advisor if necessary.

IRA Rollover Calculator

An IRA rollover calculator helps you estimate the potential growth of your funds when you transfer them from one retirement account to another. It is important to understand the implications of rolling over funds to make the best decision for your financial future.

Rollover IRA Calculator

The rollover IRA calculator will assist you in figuring out how much you can save by rolling over your existing IRA into a new plan. It provides an insight into the tax implications and potential growth of your investments.

IRA to Roth Conversion Tax Calculator

Converting an IRA to a Roth IRA can have tax implications. Use the IRA to Roth conversion tax calculator to estimate the taxes you might owe when making a conversion. This helps in planning your finances and avoiding unexpected tax bills.

401k Rollover to Roth IRA Calculator

Rolling over your 401k to a Roth IRA requires careful consideration of taxes and future benefits. The 401k rollover to Roth IRA calculator can help you evaluate whether this move aligns with your retirement goals and financial situation.

FAQs

What is an IRA rollover?

An IRA rollover is a transfer of funds from one retirement account to another, often used to consolidate accounts or move to a plan with better investment options.

How does a Roth conversion affect my taxes?

When you convert a traditional IRA to a Roth IRA, you may have to pay taxes on the amount converted, as it is considered taxable income.

Can I rollover my 401k to a Roth IRA?

Yes, you can rollover a 401k to a Roth IRA, but you will need to pay taxes on the rollover amount since Roth IRAs are funded with after-tax dollars.