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Ready to start thinking about retirement? This calculator gives you an idea of how much you'll need to save so you can begin setting financial goals.
Are you saving enough? Are you on track to have the kind of retirement you want? This calculator can help you answer these questions.
Both Traditional IRAs and Roth IRAs offer a number of tax advantages when saving for your retirement. Sometimes, the most difficult decision to make is which IRA you should choose. This calculator is intended to help you analyze which IRA is right for you. A 10% tax penalty may apply for withdrawals from tax-qualified products before age 59 1/2.
Wondering if you should convert your Traditional IRA to a Roth IRA? Use this calculator to help you better understand how a conversion will impact you.
For 2019, you're required to start taking Required Minimum Distributions (RMD) from your Traditional IRA by April 1 of the year following the year in which you reach age 70½. Once you begin RMD’s you must take an RMD distribution each year. For 2020, you are required to start taking RMD’s from your Traditional IRA by April 1 of the year following reaching 72 years of age.
Worried you're falling short of saving enough for your child's education? Use this calculator to find out what you will need to save for college.
You may not be able to avoid borrowing some money to help pay for college. Loans may be necessary. Use this calculator to estimate how long it will take to pay off your balance if you take out a student loan.
Securities distributed by State Farm VP Management Corp. Securities, insurance and annuity products are not FDIC insured, are not bank guaranteed and are subject to investment risk, including possible loss of principal.
Neither State Farm® nor its agents provide tax or legal advice.