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(Note: the amount withdrawn, layered on top of other taxable income, may move you into a higher tax bracket.)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

$
 
   
   
Desmon and Kohnstamm Inc.
247 Cayuga Rd. Ste. 100 Buffalo, NY 14225-1900
Phone: 716-633-1808 Fax: 716-633-1834
don@desmonkohnstamm.com christine@desmonkohnstamm.com

Securities and investment advisory services offered through Tower Square Securities, Inc.(TSS)(member FINRA/SIPC), a registered investment advisor. Desmon & Kohnstamm in not affiliated with TSS. Neither TSS nor its representatives offer tax or legal advice. Please consult your tax advisor or attorney for guidance.

L0911206673[exp0912][NY]  

Privacy Policy