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 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 PresentationTRANSCRIPT
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.