Tax-Deferred Accumulation
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TAX-DEFERRED ACCUMULATION
Investment products that offer "tax deferral" provide favorable tax treatment for your personal or business income. (Tax deferral means your investment growth/return is not taxed until actually withdrawn.) This calculator can help you determine how a tax-deferred investment can grow in comparison to an investment in which earnings are taxable as received. The difference illustrates the effect tax-deferred investments may have on the growth of your investment.

