Many people have company-sponsored retirement plans as part of their portfolios. As these accounts were designed to be savings vehicles, funding them is typically fairly effortless with direct deposits from your paycheck. However, when it comes time for taking income from these accounts, there are many complexities to be mindful of and potentially more favorable alternatives to consider.

To learn more, click here to download “6 Options for a Distribution from a Company Plan.”

Note: There are significant tax-saving strategies that may only be available at the time of accessing your funds, so proceed with caution to avoid missing key savings opportunities and triggering costly tax surprises.

With new rules in effect in 2024 impacting both plan RMDs and early penalty rules, it is important to discuss your options with a trained professional dedicated to navigating these critical retirement account decisions. Contact our office at 517-435-4040 to schedule a time for a visit.