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(Note: the amount withdrawn, layered on top of other taxable income, may move you into a higher tax bracket.)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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The Smith Group - Tax and Wealth Advisors
149 Crepe Myrtle Ct. Aiken, SC 29803
Phone: (803)649-6645 Fax: (803)641-9629
csmith@tsgwealth.com

Calculators- The information and data were obtained from sources deemed reliable.  Their accuracy or completeness is not guaranteed and subject to change with current market conditions.

For questions regarding Securities, please contact Carl Smith at (803)649-6645.  Advisory Services offered through Prosperity Capital Advisors, a Registered Investment Advisory Firm.  DISCLAIMERS AND DISCLOSURE RELATED TO INVESTMENT RESULTS**

 

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