Contributing to an IRA? Determine if you are eligible to contribute to a traditional or Roth IRA. You are viewing this website at a small screen resolution which doesn't support calculators. Click here to view this calculator. Have A Question About This Topic? Name Email Address Question Thank you! Oops! Related Content When Life Insurance Becomes Taxable Life insurance proceeds are generally tax-free. But not in all cases. The Pros and Cons of an NUA Strategy Learn the advantages of a Net Unrealized Appreciation strategy with this helpful article. Insurance Needs Assessment: For Empty Nesters and Retirees Do your insurance needs stay the same when the nest empties?