Value of Tax Deferral Ever wonder what the impact of taxes is on your savings and investment program? Use this tax deferral calculator to demonstrate the differences of saving or investing between a taxable and a tax deferred program. General Information Investment type: Single Deposit Multiple Deposits Initial Investment: Subsequent deposits: Years to invest: Investment mode: Monthly Quarterly Semi-annual Annual Investment return:     Income Tax Information:   Federal tax rate 15% 28% 31% 36% 39.6% Specified Rate State and Local tax rate: 0%1%2%3%4%5%6%7%8%9%10%11%12%13%14%15% Specified Rate Combined tax rate: Results     Taxable Tax Deferred Tax Deferred Surrender Value $748,998.05 $561,748.05 $374,498.05 $187,248.05 $0.00   5 10 15 20 25 30  Taxable      Tax Deferred 5 Years: 10 Years: 15 Years: 20 Years: 25 Years: 30 Years: The accuracy of this calculator and its applicability to your circumstances is not guaranteed. You should obtain personal advice from qualified professionals.