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(Note: the amount withdrawn, layered on top of other taxable income, may move you into a higher tax bracket.)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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Jeff C Peterson is a registered representative of ProEquities, Inc. Securities offered through ProEquities, Inc. a registered broker/dealer and member FINRA and SIPC. Jeff C Peterson is an Investment Advisor Representative with advisory services offered through Investment Advisors, a division of ProEquities, Inc., a Registered Investment Advisor (800) 288-3035 ProEquities home office is located at 2801 Highway 280 South, Birmingham, AL 35223 Financial Planning Unlimited, Inc. is independent of ProEquities, Inc. Jeff C Peterson holds Series 7, 24, 63, and 66 in AZ, CA, KS, KY, NM, TN, TX, UT, VA, WA, WI.