Comparing Investments This calculator compares the net gain of a taxable investment versus a tax-favored one. You are viewing this website at a small screen resolution which doesn't support calculators. Click here to view this calculator. Share | Have A Question About This Topic? Name Email Address Question Thank you! Oops! Related Content When Life Insurance Becomes Taxable Life insurance proceeds are generally tax-free. But not in all cases. Best Vacations: By Car, By Ship, By Foot, Once in a Lifetime Four vacation destinations you might never have thought of. TIPS for Inflation If you are concerned about inflation and expect short-term interest rates may increase, TIPS could be worth considering.