Answering Your Retirement Questions
Many people think that major retirement decisions are made close to the age of 65. In reality, there are a number of important dates, many of which begin as early as age 50. It is important to start looking at the series of decisions, and work with your financial professional to be sure you make the choices that are appropriate for you.
*Distributions from traditional IRA’s and employer sponsored retirement plans are taxed as ordinary income and, if taken prior to reaching age 59 ½, may be subject to an additional 10% IRS tax penalty. Some IRA’s have contribution limitations and tax consequences for early withdrawals. For complete details, consult your tax advisor or attorney. For a comprehensive review of your personal situation, always consult with a tax or legal advisor. Neither Cetera Advisor Networks LLC nor any of its representatives may give legal or tax advice.
