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(Note: the amount withdrawn, layered on top of other taxable income, may move you into a higher tax bracket.)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

$
 
   
   
New England Financial
3000 Town Center, Suite 550
Southfield, MI 48075

330 East Beltline Avenue, Suite 4
Grand Rapids, MI 49506
Phone: (248) 357-7600 Fax: (248) 357-7610
lgrigg@mi.nef.com