Taxable VS. Tax Deferred VS. Tax Free Investment

How taxes are applied to an investment can make an incredible difference.

This calculator is designed to help compare a normal taxable investment to two common tax advantaged situations: an investment where taxes are deferred until withdrawals are made, and an investment where taxes are paid on money that goes into the account, but all withdrawals are tax free.

Taxable vs. Tax Deferred vs. Tax Free Investment

National Life Group® is a trade name of National Life Insurance Company, Montpelier, VT, Life Insurance Company of the Southwest, Addison, TX and their affiliates. Each company of National Life Group is solely responsible for its own financial condition and contractual obligations. Life Insurance Company of the Southwest is not an authorized insurer in New York and does not conduct insurance business in New York.

This information is intended to be educational in nature, and does not constitute an endorsement or recommendation of any financial product, service or the suitability thereof for you. Calculator results are based on the assumptions you provided. The information provided is not intended to supply professional tax, accounting, financial or legal advice, for which you should seek a personal consultation with a professional provider of such services. This information does not take into account differences between various savings vehicles which may include eligibility requirements, sales charges, surrender charges, tax penalties or mortality and expense charges. It also does not take into consideration lower maximum tax rates on capital gains or dividends which might affect the taxable strategy.

No bank or credit union guarantee | Not a deposit | Not FDIC/NCUA insured | May lose value

Not insured by any federal or state government agency

Guarantees are dependent upon the claims-paying ability of the issuing company.

TC94695(0417)Cat No 102995d(0417)