What is the future value of an annuity?

Unlike a taxable account, a fixed annuity enjoys the benefits of tax deferral. In addition, many annuity companies offer a higher first year bonus rate. To be able to offer these higher rates companies typically require you to keep the funds invested for a period of time or suffer a surrender penalty for early withdrawal. Use this calculator to help determine your annuity value in a given year and compare it to a taxable savings account like a CD.

Savings and Assumptions

Initial balance or deposit ($)

Annual savings amount ($)

Annual increase in contributions (0% to 10%)

Number of years for the analysis (1 to 50)

Before tax return on taxable account (-12% to 12%) help

Marginal tax bracket during deposit(s) (0% to 75%) help

Marginal tax bracket at withdrawal (0% to 75%) help

Annuity Information

Initial rate (-12% to 12%)

Number of years initial rate is guaranteed (1 to 50)

Subsequent expected interest rate (-12% to 12%)

Minimum guaranteed interest rate (-12% to 12%)

Surrender Charges (if applicable)

Year 1 (0% to 100%)

Year 2 (0% to 100%)

Year 3 (0% to 100%)

Year 4 (0% to 100%)

Year 5 (0% to 100%)

Year 6 (0% to 100%)

Year 7 (0% to 100%)

Year 8 (0% to 100%)

Year 9 (0% to 100%)

Year 10 (0% to 100%)

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This information may help you analyze your financial needs. It is based on information and assumptions provided by you regarding your goals, expectations and financial situation. Marquis, Inc., First Horizon Bank, and its affiliated companies do not assume any fiduciary duties and do not provide any investment advice in providing calculations. Calculations provided may differ from calculations made by other commercial or financial institutions or entities. In addition, such service should not be relied upon as the only source of information. Hypothetical illustrations may provide historical or current performance information. Past performance does not guarantee nor indicate future results. Use of service is provided without warranty of any kind, either express, implied or statutory, including FITNESS FOR A PARTICULAR PURPOSE, MERCHANTABILITY, AND ACCURACY. Use of service is entirely at the user's own risk, and user should seek professional financial and legal advice without reliance on service and calculations. Marquis, Inc., First Horizon Bank, and its affiliated companies shall not be liable for any differences in calculations with other financial institutions or entities, lost profits, lost business, losses of any kind, direct or indirect damages, punitive or consequential damages or damages of any kind arising out of the use of this service. User agrees to indemnify and hold Marquis, Inc., First Horizon Bank, and its affiliated companies harmless from any and all liabilities and costs (including attorney fees) for any improper use or violation of these terms.