Distributions from Employee Pension Plans

Employees who are changing jobs, retiring or terminating employment, have at least four options with regards to their pension plan holdings:

-Withdrawing the Money: Withdrawals are subject to 20% withholding and possibly an additional 10% tax penalty.

-Leaving the Money: No tax consequences.  Your options will still be limited to employer restrictions and investment choice.

-Rollover Into New Employer Plan: Not subject to tax withholdings.  Options will be limited to new employer's restrictions and investment choice.

-Direct Rollover Into An IRA: Not subject to tax withholdings or penalties.  You will expand your investment options and flexibility.

Reuben can help you with your retirement planning options and rollovers into an IRA that will meet your personal goals!

HAVE A CPA ON YOUR SIDE!
CALL FOR ALL YOUR RETIREMENT NEEDS!



HAVE A CPA ON YOUR SIDE!

Call Us for Additional Information at (310) 444-3041