A 72(t) distribution allows penalty-free withdrawals from retirement accounts before age 59.5 by establishing Substantially Equal Periodic Payments (SEPP) over your life expectancy. Payments must continue for five years or until age 59.5, whichever is longer. — 72(t) Early Distribution Calculator Modifying or stopping payments before the required term triggers retroactive IRS penalties and interest… Read More
Category: Retirement Planning
Educational insights and strategies regarding retirement timelines, income distributions, and lifestyle transitions. We aim to help individuals navigate the accumulation and distribution phases of their pre-retirement and retirement years.
What to Do With an Old 401(k) After Leaving a Job
Leaving a job, changing jobs, retiring, or recently laid off? Learn your old 401(k) options, including leaving it, rolling it to a new plan, rolling it to an IRA, or taking a distribution.
How to Find Old 401(k) Accounts
Changing jobs is common. Losing track of an old retirement account is common too. Maybe you had a 401(k), 403(b), pension, profit-sharing plan, ESOP, or other retirement plan at a previous employer. Then the company changed names, merged, switched plan providers, or stopped sending statements to your old address. The good news: there are practical… Read More
Taxable vs. Tax-Advantaged: Optimizing Your Investment Location
Compare taxable brokerage accounts with tax-advantaged retirement accounts in Utah. Schedule an Initial Strategy Meeting to optimize your tax location.
Social Security Taxation: How Much of Your Benefit Is Taxable?
Determine how much of your Social Security income is taxable. Plan your retirement tax strategy in Sandy, UT, and book a strategy meeting.
Social Security Planning: Maximizing Lifetime Benefits
Calculate your estimated Social Security benefits and claim strategy in Utah. Schedule an Initial Strategy Meeting to maximize your lifetime benefits.
Lump Sum vs. Ongoing Payments: Choosing the Best Retirement Payout
Lump sum vs monthly payments decision? Calculate which option provides more long-term wealth in Utah. Schedule an Initial Strategy Meeting.
Pension Planning: Joint & Survivor vs. Single Life Payouts
Compare pension payout options in Utah. Calculate Single Life vs Joint and Survivor. Schedule an Initial Strategy Meeting with Dallas Price.
NUA vs. IRA Rollover: Optimizing Taxes on Company Stock
Compare Net Unrealized Appreciation (NUA) with a Traditional IRA rollover in Utah. Schedule an Initial Strategy Meeting to optimize your company stock taxes.
Roth IRA Conversions: Is Converting Worth the Tax Bill?
Calculate the tax impact of converting to a Roth IRA in Utah. Schedule an Initial Strategy Meeting to analyze your long-term tax savings.