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(Note: the amount withdrawn, layered on top of other taxable income, may move you into a higher tax bracket.)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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GARY I. COX
Gary I. Cox, CFP®
Cox Financial Consulting
15740 State Highway 83
Colorado Springs, CO 80921-1519
Phone: 719-495-8100
or 303-905-0062 Denver Direct
Fax: 719-495-6911
garyicox@walnutstreet.com

Gary I. Cox, CFP® , CERTIFIED FINANCIAL PLANNERTM practitioner, is a Registered Representative and Investment Advisor Representative of and offers securities and investment advisory services through Walnut Street Securities(WSS), member FINRA and SIPC. WSS is a registered investment advisor. Cox Financial Consulting is not an affiliate of WSS.  Securities activities are supervised from Walnut Street Securities, Inc. office at 7400 E. Orchard Rd., Suite 120, Greenwood Village, CO. 80111.  Telephone 720.488.6870.

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