Calculators Suite


Annuity Tax Savings

How Much Could You Save in Taxes by Investing in an Annuity?

Anyone looking for tax-advantaged ways to save for retirement may want to consider annuities. Annuities usually allow unlimited after-tax contributions, and all taxes on earnings are normally deferred until you begin making withdrawals. At withdrawal, only the investment earnings on your annuity contributions are taxable.

To figure out your potential tax savings from investing in an annuity instead of a fully taxable account, complete the following and click Submit.

What is your current age?

  1. 14
  2. 35
  3. 56
  4. 78
  5. 99


At what age do you plan to begin receiving payouts from the annuity?

  1. 59
  2. 66
  3. 72
  4. 78
  5. 85


What is your initial investment amount (if any)?


How much do you expect to regularly contribute to your annuity?


How often do you expect to contribute to your annuity?

Which approximate annual rate of return do you expect to earn on the investments in your annuity?

What is your highest marginal federal income tax rate?

What is your state tax rate (if any)?