The Taxable vs. Tax-Deferred Savings Calculator shows how much better it is to put your qualified investments in a tax-deferred instrument than in a taxable one, all other things being equal.

• Enter ballpark values by clicking on and dragging the diamond-shaped sliders left or right. Enter exact numbers by clicking on the number in the box on the right and type your number (no commas).

Investment Amount

This is the amount of money you have to invest.

Annual Yield

This is the interest rate you can get on your investment.

Tax Bracket

This is your income tax bracket.

Graph

Grab the diamond-shaped slider at the bottom right of the graph and move it to a specific year to see the difference in the accrued amounts between the two types of investments.