This calculator is designed to help compare a fully taxable investment to two tax-advantaged situations. In one situation, an investment account is not taxed until the money is withdrawn. In the second scenario, the money is an investment that is not subject to federal or state tax.
The information shared on this site should not be considered to be personal investment or financial advice. Kris Jerke and My Finance Trainer do not provide legal or accounting advice.
It is recommended that you seek professional counsel for any specific legal, accounting, or financial advice.