|
|
What are Fixed Annuities?
Tax Defferred Account vs. Taxable Account |
| Tax Deferred Amount |
Value of your Tax Deferred Account: |
$100,000 |
|
Current Interest Rate |
6.00% |
|
| |
| Taxable Account |
Value of your Taxable Account: |
$100,000 |
|
Current Interest Rate: |
6.00% |
|
Tax Bracket |
27.5% |
|
| |
| Tax Deferred Account |
Taxable Account |
|
| Balance |
Interest |
Value |
Balance |
Interest |
Value |
Difference |
| |
| $100,000 |
$6,000 |
$106,000 |
$100,000 |
$4,359 |
$104,350 |
$1,650 |
| $106,000 |
$6,360 |
$112,360 |
$104,350 |
$4,539 |
$108,889 |
$3,471 |
| $112,360 |
$6,742 |
$119,192 |
$108,889 |
$4,737 |
$113,626 |
$5,476 |
| $119,102 |
$7,146 |
$126,248 |
$113,626 |
$4,943 |
$118,569 |
$7,679 |
| $126,248 |
$7,575 |
$133,823 |
$118.569 |
$5,158 |
$123,726 |
$10,096 |
| |
| $133,823 |
$8,029 |
$141,852 |
$123,726 |
$5,382 |
$129,108 |
$12,743 |
| $141,852 |
$8,511 |
$150,363 |
$129,108 |
$5,616 |
$134,725 |
$15,638 |
| $150,363 |
$9,022 |
$159,385 |
$134,725 |
$5,861 |
$140,585 |
$18,800 |
| $159,385 |
$9,563 |
$168,948 |
$140,585 |
$6,115 |
$146,701 |
$22,247 |
| $168,948 |
$10,137 |
$179,085 |
$146,701 |
$6,381 |
$153,082 |
$23,003 |
| |
|
