Project a traditional IRA balance and estimate the eventual tax on withdrawals.
Projects a traditional IRA: contributions grow pre-tax, and withdrawals are taxed later at your assumed rate. Deductible contributions can lower your bill now, but you pay tax on the way out.
FV
FV = annual × ((1+r)^n − 1)/r
Projection only.
The IRA limit (currently $7,000, higher at 50+) is indexed by the IRS each year.
Rates are approximate reference values. Local rates, exemptions and rules can differ, so treat the output as a planning figure only.