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(Note: the amount withdrawn, layered on top of other taxable income, may move you into a higher tax bracket.)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

$
 
   
   
Covenant Financial Advisors
4753 Olde Pump Street
P. O. Box 141		 • Walnut Creek, OH • 44687-0141
Phone: 330.852.7800
Toll Free: 800.426.8362		 • Fax: 330.852.7900
• Neal@CovenantFinancialAdvisors.net

SM- All Investments entail risk, and performance is NOT guaranteed

Advisory services are provided through Creative Financial Designs, Inc., Registered Investment Adviser, and securities are offered through cfd Investments, Inc., a registered Broker/Dealer.
Member FINRA & SIPC  2704 South Goyer Road Kokomo, IN 46902 (765) 453-9600

Covenant Financial Advisors is not owned, controlled, or affiliated with CFD Investments, Inc.,
or Creative Financial Designs.