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(Note: the amount withdrawn, layered on top of other taxable income, may move you into a higher tax bracket.)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?

$
 
   
   
New Horizons Financial Group
2404 Windsor Place Champaign, IL 61820
Phone: (217) 359-7100 Fax: (217) 239-7100
Gmickle@nhfg.org

Securities and advisory services offered through SagePoint Financial, Inc., a Registered Broker Dealer  Member FINRA/SIPC  and SEC registered investment advisor.  New Horizons Financial Group is a separate entity from SagePoint Financial, Inc., or registered as a broker dealer or investment advisor.

Privacy Policy