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. Required Reading: The Economic Report of the President The Economic Report of the President can help identify the forces driving — or dragging — the economy. A Meal for All Generations When it comes to generational differences, knowing the facts can be difficult.