Compare Taxable, Tax-Deferred And Tax-Free Investment Growth

Many investments are taxed differently. For example with bonds, some may be taxed federally only, some may be taxed at the state level only, and some may be taxed both at the state and federal level. Use this calculator to help make an apple-to-apple comparison of varying investment returns.


Savings and Assumptions
Current investment balance ($)
Annual contributions ($)
Number of years: (max 20)
Before-tax return on fully-taxable investment: (%)
Before-tax return on tax-deferred investment: (%)
Return on tax-free investment: (%)
Marginal tax bracket: (%)

This information may help you analyze your financial needs. It is based on information and assumptions provided by you regarding your goals, expectations and financial situation. This service shall not infer that the company assumes any fiduciary duties. In addition, such service should not be relied upon as the only source of information. This information is supplied from sources we believe to be reliable but we cannot guarantee its accuracy. Hypothetical illustrations may provide historical or current performance information. Past performance does not guarantee nor indicate future results.