Contributing to an IRA? Determine if you are eligible to contribute to a traditional or Roth IRA. You are viewing this website at a small screen resolution which doesn't support calculators. Click here to view this calculator. Share | Have A Question About This Topic? Name Email Address Question Thank you! Oops! Related Content Tax-Advantaged Health Care Planning for Retirement Heading into retirement with confidence is easier if your planning includes steps to minimize taxes, especially as it relates to health care planning. IRA Withdrawals that Escape the 10% Tax Penalty The list of IRA withdrawals that may be taken without incurring a 10% early penalty has grown. Budget Check Up: Tax Time Is the Right Time Tax preparation may be the perfect time to give the household budget a check-up.