Disclosures

Annuity and Investment Disclosures: This calculator compares a Multi-Year Guaranteed Annuity (MYGA), Certificate of Deposit (CD), and Treasury Bill (T-Bill) based on user-input premium and fixed rates (MYGA: 5.50%, CD: 4.20%, T-Bill: 4.00%). The MYGA is assumed to be tax-deferred for this calculation, which is not typical, as MYGA earnings are usually tax-deferred and taxed upon withdrawal at ordinary income rates. CD and T-Bill interest is taxed annually at a 25% federal tax rate; state taxes are not included. All investments assume annual compounding for simplicity, though T-Bills are typically discounted instruments. Results do not account for inflation, fees, early withdrawal penalties, credit risk, or changes in tax laws. MYGAs are subject to insurance company credit risk and may have surrender charges. Consult a financial advisor or tax professional before making investment decisions.

Website Disclaimer: This calculator is for illustrative purposes only and does not constitute financial advice. Results are based on assumptions and may not reflect actual performance. The information provided is not guaranteed for accuracy or completeness. Users should verify rates, terms, and tax implications with qualified professionals. The website and its creators are not liable for decisions made based on this tool.