Listen "Ep #014: How to Take Money Out of Your Qualified Accounts Without Paying a 10% Penalty"
Episode Synopsis
Depending on how well you plan in advance, many people can retire from age 50 or even sooner. Maybe you have been maxing out your retirement contributions or maybe you've sold your business for a profit. More than likely, you will have a mix of various accounts to pull income from. The question is, which of these accounts should you pull income from to support your lifestyle in retirement while also being tax efficient—and without running out of money? In this episode, Tom will be answering this question and sharing how to take money out of your qualified account without paying the 10% penalty. ----- We help business owners: → Understand the complexity of navigating a business transition → Assess their level of preparedness from a financial, tax, and legal perspective → Plan for the next chapter of their life 👉 Get Your Free Readiness Assessment! ----- WANT MORE BUSINESS PLANNING TIPS? Subscribe to the Business Exit Success Newsletter. As a thank you, you'll receive a copy of The Freedom Point: A Financial Planning Guide for Business Owners. Click here to subscribe and grab your free guide.
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