Tax Equivalent Calculator

What effect do taxes have on the return you earn on your investment (your yield)?

Expected investment rate of return (taxable yield) %

Your tax rate (federal + state + local) %

Your after-tax investment rate of return (a.k.a. after-tax yield) %

What current rate of return would you have to earn on your taxable investment to equal the current rate of return on a tax-deferred product? Earnings are taxable upon withdrawal.*

Tax-deferred product rate of return %

Your tax rate (federal + state + local) %

Equivalent fully-taxable rate of return %

*Withdrawals on tax-deferred products may be subject to federal income taxes and a 10% IRS early withdrawal tax penalty may also apply for amounts withdrawn prior to age 59½. Consult your attorney or tax advisor for more information.

This information is intended to help you analyze your financial needs, based on the information you provide. This service shall not imply that the company assumes any fiduciary duties. In addition, such service should not be relied upon as the only source of information. Hypothetical illustrations may provide historical or current performance information. Past performance does not necessarily predict future results.