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(Note: the amount withdrawn, layered on top of other taxable income, may move you into a higher tax bracket.)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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New Jersey Financial Advisor Firm, Employee Benefits Advisor, Retirement Planning Advisor - James J. Varaklis & Company
3 Werner Way
Suite 204
Lebanon, NJ 08833
Phone: Toll Free: 888-849-5580
Local: 908-849-4800
Fax: 908-849-4803
james@jjvco.com