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(Note: the amount withdrawn, layered on top of other taxable income, may move you into a higher tax bracket.)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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JP Turner Independent Financial Services Firm Colorado Springs
5540 N. Academy Blvd., Suite 220 Colorado Springs, CO 80918
Phone: (719) 574-1588
Toll free: (888) 574-1588
Fax: (719) 266-5831
mail@jpturnerco.com

Securities offered through J.P. Turner & Company, LLC Member SIPC

Investment advice and financial planning offered through J.P. Turner & Company Capital Management, LLC.

5540 N. Academy Blvd., Suite 220 Colorado Springs, CO 80918
Phone: (719) 574-1588
Toll free: (888) 574-1588
Fax: (719) 266-5831