Qualified Plans

Please try my wide variety of interactive financial problem solvers. Simply enter your criteria and you'll get your questions answered with dynamic graphs and personalized reports.

Calculators > Qualified Plans

Evaluate My Company Pension Payout Options

When you reach retirement, and if your company provides a pension program, you will be offered a number of payout options. Typically, they will be the Single Life and the Joint Survivor payout options.

What Is The Impact Of Borrowing From My 401(k) Plan?

Some qualified retirement plans include the option for qualifying participants to a take a loan against their retirement account balance. Many people borrow from their retirement plan to pay off high-interest debt or to make a major purchase.

What Is The Impact Of Early Withdrawal From My 401(k)?

Many people feel the need to withdraw funds from their 401(k) plan due to hardship or other emergency.

Self-Employed Retirement Plan Maximum Contribution Calculator

Compensation for a self-employed individual (sole proprietor or partner) is that person's earned income. The starting point to determine the individual's earned income is the net profit amount from the Schedule C (or Schedule K-1 for a partnership).

Net Unrealized Appreciation (NUA) Versus IRA Rollover

Consideration of NUA strategy is important if you are distributing highly appreciated employer securities from your prior employer's qualified plan, such as 401(k). Cost basis, the value of the employer contribution on your behalf is subject to ordinary income tax upon distribution.

What Are My Stretch IRA Distributions?

By naming a beneficiary on your IRA account it will provide the beneficiary the opportunity to "stretch" out the IRA proceeds over his/her life expectancy. This gives the beneficiary more time to take advantage of tax-deferral status of the IRA assets.

How Much Can I Contribute To An IRA?

Many factors can affect your eligibility and contribution limits to either the Traditional IRA or Roth IRA - tax filing status, your current earned income level and whether or not you participate in a retirement plan at work.

How Much Retirement Income May My IRA Provide?

Your retirement income can vary widely depending on what type of IRA holds your savings and what assumptions you make about return and tax rates during the accumulation and withdrawal periods.

Should I Convert To A Roth IRA?

Roth IRA is a great way for clients to create tax-free income from their retirement assets. Yet, keep in mind that when you convert your taxable retirement assets into a Roth IRA you will generally pay ordinary income tax on the taxable amount that is converted.

What Will My Qualified Plan(s) Be Worth At Retirement?

It may surprise you how significant your retirement accumulation may be simply by contributing regularly to a qualified plan.

What Is My Current Year Required Minimum Distribution?

Current tax law specifies that once you reach a certain age, you must begin taking RMDs annually from your IRAs and other retirement plans. Generally, the RMD amount is determined based on your prior year's IRA balance of all of your IRA assets divided by your life expectancy.

What Is My Projected Required Minimum Distribution?

Current tax law specifies that once you reach a certain age, you must begin making taxable withdrawals from your Traditional IRAs and many other retirement plans. These minimum distributions are calculated annually based on your age, account balance at the end of the previous year, marital status and spouse's age.

What Are My Lump Sum Distribution Options?

You've spent a long time accumulating funds in your retirement account. When you retire and take distribution of your funds you have many options to consider.

How Do I Maximize My Employer 401(k) Match?

Many employees are not taking full advantage of their employer's matching contributions. Use this calculator to figure out how.