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(Note: the amount withdrawn, layered on top of other taxable income, may move you into a higher tax bracket.)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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NL Financial Alliance
733 Third Ave, Suite 200 New York , NY 10017
Phone: 646-898-3555 Fax: 646-898-3556
roger@rogersoo.com


 

Securities and investment advisory services are offered solely through registered representatives and investment adviser representatives of Equity Services, Inc., Member FINRA/SIPC, 733 Third Ave., Suite 200 New York, NY 10017, Tel:212-986-0400.  All entities and individuals referenced are independent of Equity Services, Inc. unless otherwise noted.

Roger Soo is a Registered Representative and Investment Adviser Representative of Equity Services, Inc. and offers securities in CA, CT, HI and NY.  Roger Soo is insurance-licensed in the states of NY, NJ, CA (license#0650657) CT, HI, RI, CO, DE, FL, NV, PA, TX, and VA.

Registered Representatives of Equity Services, Inc. do not offer tax or legal advice.  For advice concerning your own situation, please consult with your appropriate professional advisor.