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(Note: the amount withdrawn, layered on top of other taxable income, may move you into a higher tax bracket.)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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Jacobs Wealth Management
704 Texas Avenue Bridge City, TX 77611
Phone: 409-792-0179 Fax: 409-697-1649
ljacobs@jacobswealth.com

 


Securities offered through Securities America, Inc. Member FINRA/SIPC, www.FINRA.org, and www.sipc.org, Lawrence E. Jacobs, CFS, Registered Representative. Financial Planning and advisory services offered through Securities America Advisors, Inc. An SEC Registered Investment Advisor. Lawrence E. Jacobs, Financial Advisor, Jacobs Wealth Management and the Securities America Companies are unaffiliated.

We are licensed to sell and/or discuss securities products and/or insurance procucts to residents of the states listed below only:

We are licensed to sell Insurance Products in the following states:

Texas, Louisiana, Arkansas. Arkansas Insurance License #283477

We are registered to sell Securities in the following states:

Texas, Louisiana, Arkansas