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 Message Thank you! Oops! Related Content Infographic: How to Talk to Millennials About Life Insurance Only 23% of millennials say they understand term life insurance. Did you know that parents play a more significant role in planning with this generation, than any other? What Is a Roth 401(k)? Roth 401(k) plans combine features of traditional 401(k) plans with those of a Roth IRA. Tax Deductions: Catch Them All! Most of us pay too much in taxes because we aren’t aware of all the tax deductions available.