Post on 08-Jan-2016
description
transcript
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.