Use Decision Center's tools to plan for retirement or choose the right IRA
Tip: For easier reading, click
(above).
1 Go to the Decision Center.
How?
On the navigation bar (The strip at the top of the Money screen where you can click to go to the different areas in Money.), click Decisions.
2 If you have Financial Suite, click Tools.
3 Click one of the following:
- Click Roth IRA Calculator to decide if you should get a Roth IRA. Answer questions about your income, taxes, investment contributions, and so forth to help you decide whether a Roth or regular IRA is your best choice. You can also see your projected annual income at retirement.
- Click Can You Deduct Your IRA? Tool
to find out if your IRA is deductible. Answer questions about your job, income, tax status, and so forth to learn whether you and/or your partner can take an IRA as a qualified tax deduction.
- Click Figuring Your Retirement Expenses to learn what your expenses will be after you retire. Answer questions that will highlight certain expenses you may not have considered before.
- Click Retirement Income Calculator to learn if you can retire early and to see how far your retirement nest egg will go. Answer questions about your savings, retirement plans, objectives, and so forth to estimate your annual after-tax income after retirement and the size of your estate. You can also see a year-by-year analysis of your earnings, funds, and taxes.
4 Follow the instructions provided.