A Roth IRA is a tax-deferred and potentially tax-free savings vehicle available to all working individuals and their spouses who meet the IRS income requirements. Distributions, including accumulated earnings, may be made tax-free if the account has been held at least five years, and the individual is at least 59½ , or if any of the IRS exceptions apply. Contributions to a Roth IRA are not tax-deductible, but withdrawals during retirement are generally tax-free.

Traditional IRA contributions, plus earnings, interest, dividends, and capital gains, may compound tax-deferred until you withdraw them as retirement income. Amounts withdrawn from a traditional IRA are generally included as taxable income in the year received and may be subject to 10% federal tax penalties if withdrawn prior to age 59½, unless an exception applies.

Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy regarding your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues. Projected return rates are hypothetical and have been selected by you and/or your financial adviser. They are not representative or suggestive of any Lord Abbett returns. Legislative and/or regulatory actions can affect your actual outcome either positively or negatively.

The use of the calculators is provided for general educational purposes only and is not meant as legal, tax, financial, or investment advice. Lord Abbett does not provide legal, tax, or investment advice. The tax and financial information contained herein is general in nature, is provided for informational purposes only, is not individualized, and is not intended to serve as the primary or sole basis for your investment or tax-planning decisions. Lord Abbett cannot guarantee that such information is accurate, complete, or timely. Laws of a particular state or laws that may be applicable to a particular situation may have an impact on the applicability, accuracy, or completeness of such information. Federal and state laws and regulations are complex and are subject to change. Changes in such laws and regulations may have a material impact on pre- and/or after-tax investment results. The results of these calculations are estimates based solely on user input and the assumptions of the calculator program. All examples are hypothetical and intended for illustrative purposes only. Lord Abbett makes no warranties with regard to such information or results obtained by its use. Lord Abbett disclaims any liability arising out of your use of, or any tax position taken in reliance on, such information. Investment results do not represent the future performance of any Lord Abbett funds. You should consult with your legal or tax advisor before making any investment decision.

The information provided is not directed at any investor or category of investors and is provided solely as general information about Lord Abbett's products and services and to otherwise provide general investment education. None of the information provided should be regarded as a suggestion to engage in or refrain from any investment-related course of action as neither Lord Abbett nor its affiliates are undertaking to provide impartial investment advice, act as an impartial adviser, or give advice in a fiduciary capacity. If you are an individual retirement investor, contact your financial advisor or other fiduciary about whether any given investment idea, strategy, product or service may be appropriate for your circumstances.