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 Message Thank you! Oops! Related Content When Life Insurance Becomes Taxable Life insurance proceeds are generally tax-free. But not in all cases. The Pre-Retirement Checklist This checklist can give you a quick snapshot of how prepared you are. Navigating Retirement Pitfalls Why are they made again and again? Making sense of these errors in judgement.