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 (Note: the amount withdrawn, layered on top of other taxable income, may move you into a higher tax bracket.) 10%15%25%28%33%35% What is the amount you plan to withdraw from your tax-deferred account? $

Securities and Investment Advisory Services offered through Woodbury Financial Services, Inc., Member FINRA, SIPC and Registered Investment Adviser. PO Box 64284, St. Paul, MN 55164 (651)738-4000  LeFever Financial, Inc. and Woodbury Financial Services, Inc. are not affiliated entities.  "Neither Woodbury Financial Services, Inc., nor its registered representatives or employees provide tax of legal advice. As with all matters of a tax or legal nature, you should consult with your tax or legal counsel for advice."

 

Services are only provided in jurisdictions where David LeFever is licensed to conduct business and currently include NC, FL and VA.