What Is The Future Value Of An Annuity?
When you choose tax-deferred investments like annuities, you don't have to pay taxes on earnings until you start taking withdrawals. This keeps more of your money invested, which can make a difference in how much money you will have for retirement.
Use this calculator to see a comparison of the taxable growth vs. tax-deferred growth of your initial deposit. It's important to make reasonable assumptions when entering your personal investment amounts, time horizon and both current and future income tax brackets. Changes in your situation may impact these results.
As required by the IRS, you are advised that any discussion of tax issues in this material is not intended or written to be used, and cannot be used, (a) to avoid penalties imposed under the Internal Revenue Code or (b) to promote, market or recommend to another party any transaction or matter addressed herein.
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.
Note: Jackson® and its affiliates do not provide legal, tax, or estate-planning advice. For questions about a specific situation, please consult a qualified adviser.
Financial calculators and financial information provided are for general information and education purposes only. Accuracy of the calculators and their applicability to your circumstances is not guaranteed. Please keep in mind that it is possible to lose money and not achieve the objectives of the calculators. Dividends on insurance policies and returns on investment are neither estimated nor guaranteed. Actual dividends and returns on investment may be higher or lower than the results attained in the hypothetical calculations. Jackson and its affiliates are not responsible for the consequences of any decisions or actions taken as a result of the information provided by these calculators.
Investing in taxable or tax-deferred vehicles involves risk, and you may incur a profit or loss in either type of account.
Lower maximum tax rates on capital gains and dividends could make the investment return for the taxable investment more favorable, thereby reducing the difference in performance between the hypothetical investments shown.
Changes in tax rates and tax treatment of investment earnings may also impact comparative results.
Withdrawals of tax-deferred accumulations are subject to ordinary income taxes. If withdrawn prior to age 59 1/2, there may be an additional 10% federal tax penalty imposed.
Investors should consider their personal investment horizon and income tax bracket, both current and anticipated, when making an investment decision, as these may further impact the comparison.
Annuities are issued by Jackson National Life Insurance Company® (Home Office: Lansing, Michigan) and in New York, annuities are issued by Jackson National Life Insurance Company of New York® (Home Office: Purchase, New York). Variable products are distributed by Jackson National Life Distributors LLC. May not be available in all states and state variations may apply. These products have limitations and restrictions. Contact the Company for more information. Jackson is the marketing name for Jackson National Life Insurance Company and Jackson National Life Insurance Company of New York.
· Not FDIC/NCUA insured · Not bank/CU guaranteed
· May lose value · Not a deposit · Not insured by any federal agency
CMC4385 01/18
