What Is The Future Value Of An Annuity?

Unlike a taxable account, a fixed annuity enjoys the benefits of tax deferral. In addition, many annuity companies offer a higher first year bonus rate. To be able to offer these higher rates companies typically require you to keep the funds invested for a period of time or suffer a surrender penalty for early withdrawal. Use this calculator to help determine your annuity value in a given year and compare it to a taxable savings account like a CD.

Savings and Assumptions
Initial balance or deposit
Annual savings amount
Annual increase in contributions
Number of years for the analysis
Before tax return on taxable account: (%)
Marginal tax bracket during deposit(s): (%)
Marginal tax bracket at withdrawal: (%)
Annuity Information
Initial rate
Number of years initial rate is guaranteed
Subsequent expected interest rate
Minimum guaranteed interest rate
Surrender Charges (if applicable)
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10

This information may help you analyze your financial planning needs. It is based on information and assumptions provided by you regarding your goals, expectations and financial situation. This service shall not infer that 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.