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?

 
   
   
Hardy & Holmes Llc
1510 NE Village Street • Fairview, OR • 97024
Phone: 503-667-5355 • Fax: 503-667-5369
• clientsupport@hhllc.biz

Stan Hardy is a registered representative registered to transact business with clients in Oregon, Washington, California, Utah and Wyoming.  Stan Hardy is advisory licensed in the following states:  Oregon, Washington, California, Utah and Wyoming.  Stan Hardy is also an insurance agent licensed in Oregon, Washington, California and Utah.  Lindsay Holmes is a registered representative registered to transact business with clients in Oregon and Washington.  Lindsay Holmes is advisory licensed in the following states:  Oregon and Washington.  Lindsay Holmes is also an insurance agent licensed in Oregon.  If you are not a resident of the states noted above, all investment-related information on this site is for informational purposes only and does not constitute a solicitation or offer to sell securities or insurance services over the Internet.  Securities offered through H.D. Vest Investment Services SM, Member:SIPC, Advisory Services offered through HD Vest Advisory Services SM, 6333 North State Highway 161, Fourth Floor, Irving, TX  75038, 972-870-6000.

Investments & Insurance Products:
Are not insured by the FDIC or any federal government agency
Are not deposits of or guaranteed by the bank or any bank affiliate
May lose value

Hardy and Holmes LLC CPA's is not a registered broker/dealer or independent investment advisory firm.