Approaching Retirement and Considering Using IRA for Other Opportunities
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Approaching Retirement and Considering Using IRA for Other Opportunities What Early Options are Available?
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Approaching Retirement and Considering Using IRA for Other Opportunities. What Early Options a re Available?. Early Options. Peter & Debra Quincey 55 Male 55 Female $500,000 IRA @ 8% 120% Federal Midterm Rate is 1.4%. Early Options. - PowerPoint PPT Presentation
Transcript of Approaching Retirement and Considering Using IRA for Other Opportunities
Approaching Retirement and Considering Using IRA for Other Opportunities
What Early Options are Available?
Early Options
Peter & Debra Quincey55 Male 55 Female
$500,000 IRA @ 8%
120% Federal Midterm Rate is 1.4%
Early Options
Peter & Debra Quincey55 Male 55 Female
$500,000 IRA @ 8%
120% Federal Midterm Rate is 1.4%
• Begin distributions early (to use for a planning opportunity)
• Avoid any early distribution penalty
Early Options
Peter & Debra Quincey55 Male 55 Female
$500,000 IRA @ 8%
120% Federal Midterm Rate is 1.4%
• Begin distributions early (to use for a planning opportunity)
• Avoid any early distribution penalty
QPDA - Early Distributions
Early Options
Peter & Debra Quincey55 Male 55 Female
$500,000 IRA @ 8%
120% Federal Midterm Rate is 1.4%
• Begin distributions early (to use for a planning opportunity)
• Avoid any early distribution penalty
QPDA - Early Distributions
Early Options
Peter & Debra Quincey55 Male 55 Female
$500,000 IRA @ 8%
120% Federal Midterm Rate is 1.4%
• Begin distributions early (to use for a planning opportunity)
• Avoid any early distribution penalty
QPDA - Early Distributions
Early Options
Peter & Debra Quincey55 Male 55 Female
$500,000 IRA @ 8%
120% Federal Midterm Rate is 1.4%
• Begin distributions early (to use for a planning opportunity)
• Avoid any early distribution penalty
QPDA - Early Distributions
Early Options
Peter & Debra Quincey55 Male 55 Female
$500,000 IRA @ 8%
120% Federal Midterm Rate is 1.4%
• Begin distributions early (to use for a planning opportunity)
• Avoid any early distribution penalty
QPDA - Early Distributions
Early Options
Peter & Debra Quincey55 Male 55 Female
$500,000 IRA @ 8%
120% Federal Midterm Rate is 1.4%
• Begin distributions early (to use for a planning opportunity)
• Avoid any early distribution penalty
QPDA - Early Distributions
Highest annual level 20,253
Reserves the most for later 19,992
Lowest initial/Highest later: 15,957 now, 3X that in 15 years
Many options -- all easy to determine
Early Options
Peter & Debra Quincey55 Male 55 Female
$500,000 IRA @ 8%
120% Federal Midterm Rate is 1.4%
• Begin distributions early (to use for a planning opportunity)
• Avoid any early distribution penalty
QPDA - Early Distributions
Highest annual level 20,253
Reserves the most for later 19,992
Lowest initial/Highest later: 15,957 now, 3X that in 15 years
Many options -- all easy to determine
Early Options
You show many options available to provide a source of funds for other opportunities -- opportunities like needed life insurance.
