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. How to Read Your Credit Report Solve a mystery while learning how important your credit report is with this story-driven interactive. Who Is Your Trusted Contact? This investment account question is vital and answered as early as possible.