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(Note: the amount withdrawn, layered on top of other taxable income, may move you into a higher tax bracket.)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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Bob Eylander, CFP www.mywealthbuilders.net
2139 US Highway 41 Schererville, IN 46375
Phone: (219) 322-9932 Fax: (219) 322-9936
reylander@mywealthbuilders.net

Midwest Wealth Builders,Inc. is a Registered Investment Advisor, registered in Indiana and Illinois.

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