Don't Break That Nest Egg!

In today's economic environment, some people are finding that their paycheck runs out before the month does.  Others have had to change jobs, reduce their take-home pay, or alter their lifestyle just to get by.

• *Have your income needs changed?
  
  *Have you been laid off or changed jobs
   and need to access your retirement
   funds?
   
• *Has your cost of living outgrown your
   earning capacity?

Don' break your nest egg!  There are alternatives.  Retirement fund withdrawals taken before age 59 1/2 are normally subject to a 10% early distribution tax penalty (in addition to income taxes).  However, IRC Section 72(t) allows you to avoid earlly withdrawal penalties to accomodate your changing needs. 

To take advantage of the 72(t) exception and get the income that you need right away, it is imperative to work with an experienced professional who can explain how this works.

The formulas prescribed by the IRS are complex, so don't go it alone. Call us today for your
FREE complimentary review.  We will discuss your financial objectives, income needs, and options regarding your own specific scenario.

*Insurance agents do not give legal or tax advice.  Therefore it is recommended that you seek the counsel of your attorney, accountant, or other qualified financial professionals regarding taxaton as it applies to you.

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