IRA Eligibility  
Saving for a comfortable retirement is one of the most common financial goals among working people. One popular retirement savings vehicle is the IRA. Even if you have access to an employer-sponsored retirement plan, you may still be eligible to supplement your employer’s plan by contributing to a tax-deductible IRA or a Roth IRA. This calculator is designed to help you determine whether you qualify for the different types of IRAs and to estimate the potential future value of each type of IRA for which you are eligible.
     

1. What will your age be as of December 31 this year?

2. Are you covered by an employer-sponsored retirement plan?

YesNo

3. Do you have a spouse who is covered by an employer-sponsored retirement plan?

YesNo

4. What do you (and your spouse, if applicable) expect your adjusted gross income to be this year?

$

5. What will your filing status be for this year? (Choose "Married Filing Separately" if you lived with your spouse at any time during the year. Choose "Single" if you did not live with your spouse at any time during the year.)

6. What pre-tax return do you expect on your investments between now and when withdrawals begin (0 to 10 percent)?

%

7. What marginal tax bracket do you expect to be in during your working years?

8. At what age do you expect to begin withdrawing funds from your IRA?
(Note that mandatory withdrawals (distributions) from traditional IRAs must begin by April 1 of the year following the year in which you turn age 70-1/2. There are no mandatory withdrawal requirements for Roth IRA owners. Beneficiaries of either type of IRA are required to take mandatory distributions (based on their own life expectancies).)

9. What pre-tax return do you expect on your investments once withdrawals begin (0 to 10 percent)?

%

10. What marginal tax bracket do you expect to be in at retirement?

11. For how many years do you intend to withdraw funds from your IRA?

 
   
   
Floyd Miller www.floydmillerinvestments.com

3300 South 14th Suite 100

 •

Abilene

, TX		 •

79605
Phone:

325 676 0138

 • Fax:

325 670 9860
• fmiller@fscadvisor.com

*Securities and advisory services offered through FSC Securities Corporation member FINRA/SIPC and a registered investment advisor. Floyd Miller Investments is not affiliated with FSC Securities Corporation or registered as a broker dealer or investment advisor.

Registered Branch Office 3300 South 14th Street Abilene, Texas 79605. Office#325 676-0138 Toll Free:1 877 588-0138

These links are provided as a convenience and for informational purposes only. The links are not part of FSC Securities Corporation, Inc web site, and the link to outside web sites does not mean that SagePoint Financial, Inc endorses or accepts any responsibility for the content, or the use, of the web site. FSC Securities Coporation, Inc. does not guarantee the sequence, accuracy or completeness of the data or other information appearing on the linked pages. The company assumes no liability for any inaccuracies, errors or omissions in or from any data or other information provided on the pages, or for any actions taken in reliance on any such data or information.