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(Note: the amount withdrawn, layered on top of other taxable income, may move you into a higher tax bracket.)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

Brevard County
  1122 S Wickham Road
  W Melbourne, FL 32904-2442
  Tel: 321-984-7345
  Fax: 321-984-7344

Broward County
  12240 SW 53 Street, Suite 512
  Cooper City, FL 33330-3314
  Broward: 954-432-4033
  Dade: 305-625-9865
  Fax: 954-432-0383

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