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(Note: the amount withdrawn, layered on top of other taxable income, may move you into a higher tax bracket.)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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Wornel Simpson
Sacramento, CA • 95864
Phone: (916) 446-7099 • Fax: (916) 446-0725
• wornel@wornelsimpson.com

Securities and investment advisory services offered through FSC SECURITIES CORPORATION, member FINRA/SIPC and a registered investment advisor.  Wornel Simpson is not affiliated with FSC Securities Corporation or registered as a broker-dealer or investment advisor.