Van De Hey Financial - IRA Eligibility : Calculator: IRA Eligibility

Saving for a comfortable retirement is one of the most common financial goals among working people. One popular retirement savings vehicle is the IRA. Even if you have access to an employer-sponsored retirement plan, you may still be eligible to supplement your employer’s plan by contributing to a tax-deductible IRA or a Roth IRA. This calculator is designed to help you determine whether you qualify for the different types of IRAs and to estimate the potential future value of each type of IRA for which you are eligible.

1. What will your age be as of December 31 this year?
2. Are you covered by an employer-sponsored retirement plan?	YesNo
3. Do you have a spouse who is covered by an employer-sponsored retirement plan?	YesNo
4. What do you (and your spouse, if applicable) expect your adjusted gross income to be this year?	$
5. What will your filing status be for this year? (Choose "Married Filing Separately" if you lived with your spouse at any time during the year. Choose "Single" if you did not live with your spouse at any time during the year.)
6. What pre-tax return do you expect on your investments between now and when withdrawals begin (0 to 10 percent)?	%
7. What marginal tax bracket do you expect to be in during your working years?
8. At what age do you expect to begin withdrawing funds from your IRA? (Note that mandatory withdrawals (distributions) from traditional IRAs must begin by April 1 of the year following the year in which you turn age 70-1/2. There are no mandatory withdrawal requirements for Roth IRA owners. Beneficiaries of either type of IRA are required to take mandatory distributions (based on their own life expectancies).)
9. What pre-tax return do you expect on your investments once withdrawals begin (0 to 10 percent)?	%
10. What marginal tax bracket do you expect to be in at retirement?
11. For how many years do you intend to withdraw funds from your IRA?

David Van De Hey is licensed in WI to offer insurance products, and life insurance (including variable life), annuities (including variable annuities), and is securities registered in IA, IN, MD, MO, NE, UT, and WI and adviser registered in WI. Andrew Van De Hey is licensed in WI to offer insurance products, and life insurance (including variable life), annuities (including variable annuities), and is securities registered in WI. Corey Grimes is licensed in WI to offer insurance products, and life insurance (including variable life), annuities (including variable annuities), and is securities registered in TX and WI and adviser registered in WI and TX.

This site is not a solicitation of interest in any of these products in any other state.

IMPORTANT CONSUMER INFORMATION: David Van De Hey, Andrew Van De Hey, and Corey Grimes may only transact business in a particular state after licensure or satisfying qualifications requirements of that state, or only if he is excluded or exempted from the state's registration requirements. Follow-up, individualized responses to consumers in a particular state by David, Andrew or Corey that involve either the effecting or attempting to effect transactions in securities or the rendering of personalized investment advice for compensation, as the case may be, shall not be made without first complying with the state's requirements, or pursuant to an applicable state exemption or exclusion. For information concerning the licensure status or disciplinary history of a broker-dealer, investment adviser, BD agent or IA representative or any financial institution he represents, contact your state securities law administrator.

Insurance issued by Principal National Life Insurance Company (except in New York), Principal Life Insurance Company, the companies available through the Preferred Product Network, Inc., and/or through many fine carriers. Securities and advisory products offered through Princor Financial Services Corporation, 800/247-1737, member SIPC. Principal National, Principal Life, the Preferred Product Network, and Princor® are members of the Principal Financial Group®, Des Moines, IA 50392. David Van De Hey, Principal National and Principal Life Financial Representative, Princor Registered Representative, Financial Advisor. Andrew Van De Hey, Principal National and Principal Life Financial Representative, Princor Registered Representative. Corey Grimes, Princor Registered Representative, Financial Advisor. Van De Hey Financial Services, Inc. is not an affiliate of any company of the Principal Financial Group®.