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(Note: the amount withdrawn, layered on top of other taxable income, may move you into a higher tax bracket.)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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First State Financial Management
225 East Columbia Street Farmington, MO 63640
Phone: 573-756-8971 or 1-800-748-7169 Fax: 573-756-3431
www.cfsfinancial.info ccrites@fsfmonline.com

 

Member:  FINRA & SIPC

FSFM is an affiliate of First State Community Bank due to common ownership.

No bank guarantee ♦ Not FDIC insured ♦ May lose value

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