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. Have A Question About This Topic? Name Email Address Message Thank you! Oops! Related Content Choose Your Own Retirement Adventure Retirement is one of the greatest adventures you’ll have. Which retirement adventure will you choose? Universal Life Insurance Universal life insurance is permanent insurance with a flexible premium. Here's how it works. When Life Insurance Becomes Taxable Life insurance proceeds are generally tax-free. But not in all cases.