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(Note: the amount withdrawn, layered on top of other taxable income, may move you into a higher tax bracket.)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

$
 
   
   
Commonwealth One Financial Network
CommonWealth One Federal Credit Union
4875 Eisenhower Avenue, Suite 100
Alexandria, VA 22304

CommonWealth One Federal Credit Union
42 Terri Drive		 • Harrisonburg, VA • 22802
866.CUSERVE
• rstroemple@cofcufn.org

 

 

 

Securities offered through Securities America, Inc., a Registered Broker/Dealer, Member FINRA/SIPC, Richard Stroemple, Michael Finnie, Registered Representatives.  Securities America, Inc. and CommonWealth One Financial Network are separate entities.

Not NCUA Insured. No Credit Union Guarantee. May Lose Value.