Annuity Comparison This calculator compares a hypothetical fixed annuity with an account where the interest is taxed each year. You are viewing this website at a small screen resolution which doesn't support calculators. Click here to view this calculator. Have A Question About This Topic? Name Email Address Question Thank you! Oops! Related Content Counteracting Capital Gains with Tax-Loss Harvesting You may have heard the phrase "tax-loss harvesting." A financial professional may be able to provide some guidance. When Life Insurance Becomes Taxable Life insurance proceeds are generally tax-free. But not in all cases. Impact of Taxes and Inflation Estimate the potential impact taxes and inflation can have on the purchasing power of an investment.