401K Hotline.com
1200 N. Federal Highway #200
Boca Raton, Florida

Ph: 1-877-895-401k
Fax: 866-849-6930

E-mail: 401k@401khotline.com

Business Support Services - Business Transfer Planning -Asset Protection - 529 Plans - College funding - Estate Planning - Insurance Needs Analysis

Steps For Handling Your 401K Distribution
Exploring your 401k rollover and other pension distribution options
Explore the advantages, disadvantages and tax consequences of how you handle your 401k distribution. More>
Avoiding the 20% withholding trap
The only ways to avoid any federal withholding on your distribution is to either do a Direct Rollover to an IRA... More>

Would you like to have control of your retirement savings?
One of the biggest complaints we hear from employees is the lack of control they have over their 401(k) plans. More>
Quiz: Should you consider a Rollover IRA?
Rolling a retirement plan into an IRA can yield a number of benefits for investors who are leaving their jobs or retiring. More>
What your 401(k) provider may not disclose to you
Usually when an employee terminates employment, he or she will receive correspondence from their 401(k) provider pertaining to their distribution choice/options. More>
Don't let your rollover play dead
You would be surprised how many individuals roll over their 401(k) plan and never look at it again. More>
Does Your 401(k) Resemble a 201(k)? – Why Now May be the Time to Rollover
After riding out these past couple of years, most of us now have learned first-hand about market volatility. More>

 


If you are under age 59 ½, a 10% premature penalty may be assessed on all distributions you receive. Waiver of the 10% premature penalty may apply in some specific circumstances. Employees should consult their tax advisor pertaining to their particular situation.By taking substantially equal periodic payments, you avoid incurring the 10% premature distribution penalty. The substantially equal distribution schedule selected must continue for at least 5-years or until you reach age 59 ½, whichever is longer, or you will be subject to a 10% premature distribution penalty on all payouts already received. Further details with respect to substantially equal periodic payment formulas are provided in IRS Notice 89-25.All distributions from your retirement account are taxable in the year received. Please note, that at age 70 ½, you must begin taking minimum distributions from your retirement plan. Distributions for any of the above reasons involve specific tax regulations and options. Please consult your tax advisor before requesting the distribution. This information does not constitute tax advice. FSC Securities Corporation and/or its representatives do not provide tax advice. Please consult your tax advisor pertaining to your particular situation.Information and opinions expressed are strictly those of the author and may not be those of FSC Securities Corporation.

* AIG Advisor Group, Inc. is the marketing designation for the wholly owned subsidiary broker-dealer members of American International Group, Inc. (AIG).

Registered representative offering securities and investment advisory services through FSC Securities Corporation, a registered broker/dealer. Member FINRA/SIPC a registered investment adviser.

The Information being provided is strictly as a courtesy. When you link to any of these web-sites provided herein, FSC Securites Corporation makes no representation as to the completeness or accuracy of information provided at these sites. Nor is the company liable for any direct or indirect technical or system issues or any consequences arising out of your access to or your use of third-party technologies, sites, information and programs made available through this site.

State Registrations Disclosure for Websites This site is published for residents of the United States only. FSC Securities Corporation's Advisors may only conduct business with residents of the states for which they are properly registered. Therefore, a response to a request for information may be delayed. Please note that not all of the investments and services mentioned are available in every state. Investors outside of the United States are subject to securities and tax regulations within their applicable jurisdictions that are not addressed on this site. Contact your local FSC Securities Corporation office for information and availability.

 

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