With a Traditional IRA (Individual Retirement Agreement) your contributions are tax deductible, but withdrawals in retirement are taxed.

**Note**: you can also specify a figure on maturity to see how much you need to contribute annually (to do this enter either of the Maturity figures, and all details except the Annual Contribution, or simply amend either of the Maturity figure once calculated).

You may also find the following Finance calculators useful.

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