Taxable or Tax Deferred?  

For many investors, it isn't what you earn that counts, in the end it’s what you keep that matters. While taxes are inevitable, nobody enjoys losing money to the IRS, and if given the choice, most of us would probably opt to hold off on paying taxes for as long as possible. Thankfully, there's a way to do just that. It's called tax-deferred growth, and it's what enables your investments to grow over time without losing money to the IRS along the way. 

Tax-deferred growth is not subject to taxes immediately, but instead is taxed at the time of withdrawal. Here is a simple yet very powerful story of how impactful money growing tax-deferred really is.

The Magic Dollar

How much would a dollar grow to if it doubled every year for 20 years in a tax deferred account or if you paid taxes annually?