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(Note: the amount withdrawn, layered on top of other taxable income, may move you into a higher tax bracket.)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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Blue Point Financial
243 US Route One Scarborough, ME 04074
Phone: 207-883-2009 Fax: 207-883-5034
ohalloran_timothy@nlvmail.com gilbert_heather@nlvmail.com

 

Timothy O'Halloran is a Registered Representative and Investment Adviser Representative of Equity Services, Inc. and offers securities in ME, FL, MA, NH, NJ, SD, & WA.  He is also insurance-licensed in ME, FL, NH, MA, & VA.

 *Securities and investment advisory services are offered solely by Equity Services, Inc., Member FINRA/SIPC, 354 Mountain View Drive, Suite 200 Colchester, VT 05446 Tel: 802-864-6819 Blue Point Financial and all other entities referenced are independent of Equity Services, Inc. unless otherwise noted.


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