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 Question Thank you! Oops! Related Content Money Draining Food Myths These food myths will really put a drain on your wallet. When Life Insurance Becomes Taxable Life insurance proceeds are generally tax-free. But not in all cases. FIRE Retirement This short, informative article teaches the basics of the FIRE movement.