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(Note: the amount withdrawn, layered on top of other taxable income, may move you into a higher tax bracket.)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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J. Michael Advisors
4099 McEwen Rd., Suite 150 • Dallas, TX • 75244-5053
Phone: 972-490-9400 Toll-Free: 866-466-6943 • Fax: 972-490-3338
• mikeham@fifsmail.com

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