Roth IRA Conversion Calculator

Estimate the tax cost of converting your traditional IRA to a Roth IRA and find out how many years until the conversion pays off through tax-free growth.

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Written by Michael Torres, CFA
Senior Financial Analyst
JW
Fact-checked by Dr. James Wilson, PhD
Options Strategy Researcher
Financial PlanningFact-Checked

Input Values

$

Amount you plan to convert from traditional IRA to Roth IRA.

Your current age.

The age you plan to start withdrawing funds.

%

Your current federal marginal income tax rate.

%

Your expected federal marginal tax rate in retirement.

%

Expected average annual investment return before taxes.

%

Your state income tax rate. Enter 0 if your state has no income tax.

Results

Tax Cost of Conversion
$0.00
Roth IRA Value at Retirement
$0.00
Traditional IRA After-Tax Value at Retirement$0.00
Net Benefit of Converting
$0.00
Break-Even Period (Years)0
Years Until Retirement0
Results update automatically as you change input values.

What Is a Roth IRA Conversion?

A Roth IRA conversion involves moving money from a traditional IRA (or other pre-tax retirement account) into a Roth IRA. You pay income tax on the converted amount now, but all future growth and qualified withdrawals are tax-free. This can be a powerful tax planning strategy if you expect to be in a higher tax bracket in retirement, want to eliminate required minimum distributions (RMDs), or wish to leave tax-free assets to heirs.

i
2026 Roth Conversion Rules

There is no income limit or cap on how much you can convert from a traditional IRA to a Roth IRA. However, the entire converted amount is added to your taxable income for the year, which could push you into a higher tax bracket. You can do partial conversions over multiple years to manage the tax impact.

How the Roth Conversion Calculator Works

Tax Cost of Conversion
Tax = Conversion Amount x (Federal Rate + State Rate)
Where:
Conversion Amount = The dollar amount being converted from traditional to Roth
Federal Rate = Your current federal marginal tax rate
State Rate = Your state income tax rate
Net Benefit of Converting
Net Benefit = Roth Future Value - Traditional After-Tax Value
Where:
Roth Future Value = Converted amount grown tax-free for N years
Traditional After-Tax Value = Amount grown tax-deferred, then taxed at retirement rate

When Does a Roth Conversion Make Sense?

  • You expect your tax rate in retirement to be higher than your current rate
  • You have a long time horizon (10+ years) for the Roth to grow tax-free
  • You want to eliminate required minimum distributions (RMDs) at age 73+
  • You can pay the conversion taxes from non-retirement funds
  • You want to leave tax-free assets to heirs
  • You had a low-income year (job loss, sabbatical, early retirement)

Roth Conversion Strategies

Multi-Year Conversion Strategy

1
Calculate your tax bracket ceiling
Determine how much income you can add before jumping to the next federal tax bracket. For 2026, the 22% bracket ends at $96,950 (single) or $193,900 (married filing jointly).
2
Convert up to the bracket ceiling each year
Spread large conversions over multiple years to stay in your current bracket. Converting $500,000 over 5 years at $100,000/year is often far cheaper than converting all at once.
3
Pay taxes from outside the IRA
If you pay the conversion tax from your brokerage account or savings rather than from the IRA itself, 100% of the converted amount compounds tax-free in the Roth.
4
Consider state tax implications
Some states have no income tax (TX, FL, NV, WA, etc.). Converting while living in a no-income-tax state saves the state tax portion entirely.

Tax Bracket Impact Example

Single Filer Converting $50,000
Given
Taxable Income Before Conversion
$85,000
Conversion Amount
$50,000
Filing Status
Single
Calculation Steps
  1. 1Base income: $85,000 (in the 22% bracket, which ends at $96,950)
  2. 2First $11,950 of conversion taxed at 22% = $2,629
  3. 3Remaining $38,050 of conversion taxed at 24% = $9,132
  4. 4Total federal tax on conversion: $11,761
  5. 5Effective conversion tax rate: 23.5%
Result
The conversion costs $11,761 in federal taxes, but if the $50,000 grows at 7% for 20 years, it becomes $193,484 tax-free vs. $148,882 after-tax from a traditional IRA (at 22% retirement rate), saving $44,602.

Roth Conversion vs. Traditional IRA: Key Differences

Roth vs. Traditional IRA Comparison
FeatureTraditional IRARoth IRA
Tax on ContributionsTax-deductibleAfter-tax (no deduction)
Tax on GrowthTax-deferredTax-free
Tax on WithdrawalsTaxed as ordinary incomeTax-free (if qualified)
Required Minimum DistributionsRequired at age 73None during owner's lifetime
Income Limits for ContributionsNone (deductibility may be limited)$161,000 single / $240,000 married (2026)
Early Withdrawal Penalty10% before age 59.5Contributions anytime; earnings after 5 years + age 59.5
Estate PlanningHeirs pay income tax on distributionsHeirs receive tax-free distributions
!
Pro-Rata Rule

If you have both deductible and non-deductible contributions in your traditional IRAs, the IRS uses the pro-rata rule to determine the taxable portion of any conversion. You cannot cherry-pick only the non-deductible (already-taxed) portion to convert. This rule applies across ALL your traditional IRAs combined.

Sources and Methodology

This calculator uses 2026 federal income tax brackets from the IRS and standard financial projection formulas. It assumes a constant rate of return and does not account for annual contribution limits, RMD requirements, or the 5-year Roth seasoning rule for conversions. Consult a qualified tax advisor before making conversion decisions.

Frequently Asked Questions

No. Unlike Roth IRA contributions, there is no income limit or dollar cap on Roth conversions. You can convert any amount from a traditional IRA to a Roth IRA in any year. However, the entire converted amount is added to your taxable income for that year, so large conversions can push you into a higher tax bracket.

Sources & References

  • U.S. Securities and Exchange Commission (SEC) - Investor Education
  • Options Clearing Corporation (OCC) - Options Education
  • Chicago Board Options Exchange (CBOE) - Options Strategies
  • Hull, J.C. "Options, Futures, and Other Derivatives" (11th Edition, 2021)

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