Retirement Plan Early Distribution  

If you take an early distribution from your tax-deferred account how much will you have remaining after paying income taxes and penalties?

The tax-deferred account may be a 401(k) plan, your Individual Retirement Account (IRA), Profit sharing Plan, or other tax-deferred savings account.

     


What will your marginal tax rate be after making the withdrawal?
(Note: the amount withdrawn, layered on top of other taxable income, may move you into a higher tax bracket.)

What is the amount you plan to withdraw from your tax-deferred account?

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Jim Stephan, www.jimstephan.com
James E. Stephan
Financial Advisor, Securities America Advisors, Inc.
Registered Representative, Securities America, Inc. Member FINRA/SIPC
Business Park West, 3334 19th Street NW, Suite #201
Rochester, MN 55901
Phone: 507-287-6160
Toll-free 1-888-287-6160
Fax: 1-888-800-9815
jim@jimstephan.com