MYGA vs. Bank CD Tax-Deferred Solver

Underwrite fixed-rate guaranteed retirement savings, eliminating annual 1099-INT tax drag on non-qualified capital, and accelerating compounded interest.

Principal Deposit & Fixed Rates

Principal Deposit Amount ($ USD)

Guaranteed Annual Fixed Rate (% - e.g. 5.65%)

Guaranteed Surrender-Free Term (Years)

Investor Federal + State Marginal Tax Rate (%)

5-Year Compound Growth & Tax Drag

MYGA Balance at End of Term (100% Tax-Deferred)

$263,227 Final Value

Bank CD Balance at End of Term (Annual Tax Drag)

$241,562 Final Value

Net Advantage Earned by Deferring Taxes in MYGA

+$21,665 Pure Extra Wealth