Based on the tax rates you input, a hypothetical investment with a before-tax return of 8.00% would net the same return as a 4.90% tax-free investment.<table class='pure-table' role='grid'><tr><th colspan='2' class='section'>Rate Information And Analysis</th></tr><tr><td>Before-tax return on savings: </td><td>8.00%</td></tr><tr><td>Less federal taxes: </td><td>-2.56%</td></tr><tr><td>Less state taxes: </td><td>0.54%</td></tr><tr><td>Plus adjustment for federal deductibility of state taxes: </td><td>0.00%</td></tr><tr><td>Equals after-tax return equivalent: </td><td>4.90%</td></tr></table> <div id="chart1Container">Chart will load here</div> <script type="text/javascript"> <!-- var myChart1 = new FusionCharts( "MSColumn2D", "myChart1Id", "100%", "100%", "0", "1" ); myChart1.setXMLData("<chart showValues='0' showFCMenuItem='0' decimals='0' formatNumberScale='0' caption='After-Tax Return Equivalents' xAxisName='Before-Tax Return' numberPrefix='' bgColor='FFFFFF' showBorder='0' canvasBgColor='ffffff' showAlternateHGridColor='0' plotGradientColor='' numberSuffix='%' thousandSeparator=',' decimalSeparator='.'><categories><category label='5.00%' /><category label='6.00%' /><category label='7.00%' /><category label='8.00%' /><category label='9.00%' /><category label='10.00%' /><category label='11.00%' /></categories><dataset seriesName='Fully Taxable' color='0B9191'><set value='3.0' /><set value='4.0' /><set value='4.0' /><set value='5.0' /><set value='6.0' /><set value='6.0' /><set value='7.0' /></dataset><dataset seriesName='State Tax Only' color='F58127'><set value='5.0' /><set value='6.0' /><set value='7.0' /><set value='7.0' /><set value='8.0' /><set value='9.0' /><set value='10.0' /></dataset><dataset seriesName='Federal Tax Only' color='d8d8d8'><set value='3.0' /><set value='4.0' /><set value='5.0' /><set value='5.0' /><set value='6.0' /><set value='7.0' /><set value='7.0' /></dataset><dataset seriesName='Not Taxable' color='4BAEAE'><set value='5.0' /><set value='6.0' /><set value='7.0' /><set value='8.0' /><set value='9.0' /><set value='10.0' /><set value='11.0' /></dataset></chart>"); // --> </script> <ul><li><a href="inv01">How should I allocate my assets?</a></li><li><a href="inv02">Compare taxable vs. tax-free investment return</a></li><li><a href="inv03">What is the value of a bond?</a></li><li><a href="inv04">What is the return on my real estate investment?</a></li><li><a href="interest-calculator">What is the value of compound interest?</a></li><li><a href="inv06">What is the value of a call or put option?</a></li><li><a href="inv07">Taxable vs. tax-advantaged savings?</a></li><li><a href="inv08">What is my risk tolerance?</a></li><li><a href="inv09">What is the long-term impact of increased investment return?</a></li><li><a href="inv10">Certificate of deposit (CD) analyzer</a></li><li><a href="what-is-the-dividend-yield-on-a-stock">What is the dividend yield on a stock?</a></li><li><a href="inv12">How do expenses impact mutual fund returns?</a></li><li><a href="certificate-of-deposit-cd-laddering-strategy">Certificate of deposit (CD) laddering strategy</a></li><li><a href="share-certificate-analyzer">Share Certificate analyzer</a></li><li><a href="share-certificate-laddering">Share Certificate laddering strategy</a></li></ul><table class='pure-table pure-table-bordered' role='grid'><tr><th scope="col">Before-Tax Return</th><th scope="col">Fully Taxable</th><th scope="col">State Tax Only</th><th scope="col">Federal Tax Only</th><th scope="col">Not Taxable</th></tr><tr><td role="rowheader" scope="row">5.00%</td><td>3.06%</td><td>4.66%</td><td>3.40%</td><td>5.00%</td></tr><tr><td role="rowheader" scope="row">6.00%</td><td>3.67%</td><td>5.59%</td><td>4.08%</td><td>6.00%</td></tr><tr><td role="rowheader" scope="row">7.00%</td><td>4.29%</td><td>6.53%</td><td>4.76%</td><td>7.00%</td></tr><tr><td role="rowheader" scope="row">8.00%</td><td>4.90%</td><td>7.46%</td><td>5.44%</td><td>8.00%</td></tr><tr><td role="rowheader" scope="row">9.00%</td><td>5.51%</td><td>8.39%</td><td>6.12%</td><td>9.00%</td></tr><tr><td role="rowheader" scope="row">10.00%</td><td>6.13%</td><td>9.32%</td><td>6.80%</td><td>10.00%</td></tr><tr><td role="rowheader" scope="row">11.00%</td><td>6.74%</td><td>10.26%</td><td>7.48%</td><td>11.00%</td></tr></table><span style="padding-bottom:2px;background-color:#eee;line-height:1.45em;border-bottom:1px dotted;border-top:1px dotted;"><span style="color:#81A41E;font-size:100%;font-weight:700;">&nbsp;FINANCIAL PLANNERS</span> <span style="color:#000;font-size:100%;font-weight:normal;">&ndash; <a href="http://www.plannerportal.com" target="_PP_WINDOW">Affordable Financial Planning Software</a> &ndash; <a href="http://www.plannerportal.com" target="_PP_WINDOW">www.PlannerPortal.com</a></span>&nbsp;&nbsp;</span>