How do I calculate potential IRA returns?

You can use the retirement calculator to see how your retirement accounts, including a Roth and traditional IRA, might grow under different conditions.

Can I contribute to both a Roth and traditional IRA?

Yes, you can contribute to both a Roth and traditional IRA as long as the combined contributions don't exceed the total contribution limit. Be sure to consider your short and long term financial goals before determining how to split contributions between IRAs.

When should I switch from Roth to traditional IRA?

When you should consider contributing more to a Roth IRA over a traditional IRA depends on your current financial situation, desired tax benefits, and retirement readiness. Consider speaking with a financial advisor to learn more.

Roth IRA vs. Traditional IRA

Important Information:

Edward Jones, its employees and financial advisors cannot provide tax or legal advice. You should consult your attorney or qualified tax advisor regarding your situation. This content is intended as educational only and should not be interpreted as a specific recommendation or investment advice. Investors should make investment decisions based on their unique investment goals and financial situation.