Tax Advantage Savings Calculator
 
Total Amount Needed: $   Example: 100.00
Needed in:   months   Example: 36.0
Rate of Return You Expect:   %   Example: .05 = 5%
*Tax Bracket:   %   Example: .25 = 25%
 
   *If funds are contributed to an IRA or other tax-free account, enter 0.0
 
   

You can save $1.00 in 1 months by saving $0.01 per month at 1.0% interest.

$0.01   Total Contributions
$0.99   Total Interest
________  
$1.00   Account Balance after 36 months
 
In addition to the monthly contributions, you will have to pay income tax of approximately $0.99 on the interest.

This calculator is provided to give you an estimate of the future value of a savings program. It is not guaranteed to provide the exact results that you may see with a particular savings or deposit account or plan, nor is it guaranteed to provide an accurate yield as required by truth-in-savings regulations. Results obtained with this calculator should be discussed with a qualified professional before any product purchases or investments are made.