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(Note: the amount withdrawn, layered on top of other taxable income, may move you into a higher tax bracket.)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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West Michigan Financial Planners | Grand Rapids Investment Advisors | BCF
8233 Byron Center Ave P.O. Box 189 • Byron Center, MI • 49315-8111
Phone: 616-583-9000 • Fax: 616-583-9014

Securities offered through Securities America Inc., Member FINRA/SIPC and advisory services offered through Securities America Advisors, Inc., Kevin C. Fifield, representative. BCF Wealth Strategies, Inc., is not affiliated with any Securities America company.