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(Note: the amount withdrawn, layered on top of other taxable income, may move you into a higher tax bracket.)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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Bob Bassari, Investment Advisor, Financial Planner
BOB BASSARI INC.
2 Prudential Plaza
180 N. Stetson, Ste. 3500
Chicago IL 60601

Phone: 312.240.1966 Fax: 312.240.0799
bbassari@alliedbeacon.net

 

Bob Bassari offers Securities through Allied Beacon Partners Inc., Securities Broker/Dealer, Member FINRA/SIPC, and offers Advisory Services through Allied Beacon Wealth Management LLC

1100 Boulders Parkway Suite 600 Richmond, VA 23225, 800 780-2989

Bob Bassari is not controlled by or a subsidiary of Allied Beacon Partners, Inc. or Allied Beacon Wealth Management LLC.

 

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