ComputeResults

Cash Distribution

Taking a cash distribution from a qualified retirement plan before you are eligible can have several negative consequences. You will likely be responsible for taxes and penalties on the withdrawn amount, reducing the value of the distribution. In addition, taking a distribution will reduce the amount of money you have available at retirement, and perhaps by more than you might think.

To see what effects taking a cash distribution today from your retirement plan could have on your current and future retirement savings, answer the following questions, and then click Submit.



What is your current plan balance?

 $

What is your current age?
  1. 14
  2. 35
  3. 56
  4. 78
  5. 99

Value:  

At what age do you plan to retire?
  1. 55
  2. 60
  3. 65
  4. 70
  5. 75

Value:  

Which annual rate of return do you expect to earn on your investments?

What is your federal income tax rate?

If your income is subject to state taxes, enter your state income tax rate.

 %
  

Calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We can not and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues. MassMutual will assume no liability for the use of or reliance on these calculators.