Tax Calculators

These general and illustrative calculators are provided for educational purposes only.  Their accuracy and completeness are not guaranteed, nor is any representation made or implied with regard to their applicability to your individual circumstances.  Their results and output and are not intended and should not be relied upon as investment, financial, insurance, tax, accounting, or legal advice or as a recommendation of any kind.  All calculator results are based on information and assumptions provided by you.

A variable annuity is a long-term financial product designed to help you save for retirement. In essence, annuities are contractual agreements in which payment(s) are made to an insurance company, which agrees to pay out an income or a lump sum amount at a later date. Variable annuities are subject to market risk, including the possible loss of principal invested, and they have mortality and expense charges, account fees, investment management fees, administrative fees, charges for special contract features, and restrictions and limitations. Earnings are taxable as ordinary income when distributed and may be subject to a 10% additional tax if withdrawn before age 59½.