HSA · qualified healthcare
$0
spendable after tax
HSA vs IRA
See how the same yearly contribution could grow in an HSA, Traditional IRA, or Roth IRA—and when each account gets its tax break.
Three accounts, one contribution
Enter your numbers to compare the spendable value and timing of each tax break.
Plain-English takeaway
The HSA has the strongest tax treatment.
$0
estimated federal income tax saved while contributing
Traditional IRA
$0
spendable after estimated tax
Roth IRA
$0
spendable after tax
Total contributed$0
Projected account balance$0
Traditional IRA tax at withdrawal$0
Explain these results
HSA: Money can go in before federal income tax, grow without tax, and come out without tax when used for qualified healthcare. That is why it gets the strongest tax treatment here.
Traditional IRA: You may get a tax deduction now, but withdrawals are generally taxable later. This estimate assumes your Traditional IRA contribution is fully deductible and your tax rate stays the same.
Roth IRA: You pay tax before contributing, so there is no deduction today. Qualified withdrawals can be tax-free later, leaving the full projected balance spendable.
- The HSA and Roth show the same ending spendable balance because both can be tax-free under their rules. The HSA also shows an up-front federal income tax benefit.
- This calculator does not apply annual contribution limits, income eligibility rules, employer contributions, state taxes, payroll taxes, fees, or inflation.
- An HSA used for nonmedical spending may be taxable and may face an extra penalty before age 65. Real investment returns and future tax rates will vary.