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Extensible Markup Language  |  2003-06-18  |  2KB  |  18 lines
  1. <?xml version="1.0"?>
  2. <?xml-stylesheet type='text/xsl' href='hhPreprocess.xsl'?>
  3. <topic sku="dlxbiz" tNum="287985" author="a-gabr" xmlns="x-schema:hhTopicSchema.xml"><index><title>Learn how to interpret the Early Withdrawal Penalties forecast in the Lifetime Planner</title><category>lifeplan</category><klink type="cncpt">Tell me about the Early Withdrawal Penalties forecast in the Lifetime Planner</klink></index>
  4.     <content>
  5.         <p>For some retirement plans, withdrawals made before age 59 and one half are subject to a 10% penalty. The Early Withdrawal Penalties chart shows the years in which these penalties (if applicable) will be due.</p>
  6.         <p>When savings withdrawals are necessary, the Lifetime Planner figures out how much money you'll need to withdraw to cover the cash shortfall as well as the capital gains taxes from selling an investment. The Lifetime Planner withdraws money first from taxable investments. Once that money is depleted, it withdraws from stock options. If still more money is needed, withdrawals come from your tax-free retirement accounts. This withdrawal technique is designed to minimize taxes and maximize your investment growth.</p>
  7.         <p>A good lifetime plan is one that has only a few years (or none at all) with early withdrawal penalties. If you have withdrawal penalties, this means you need to increase your savings to taxable accounts or reduce or postpone some of your expenses.</p>
  8.     </content>
  9.     <footer>
  10.         <p><klink type="auvid" href="mnrefSpecialAvi09"/></p>
  11.         <include href="Viewtheearlywithdrawalpenaltiesforecast.xml#xpointer(*/index/klink)"/>
  12.         <include href="ChangeinformationaboutaSavingsInvestmentsaccount.xml#xpointer(*/index/klink)"/>
  13.         <include href="Changetherateofreturnforagroupofinvestments.xml#xpointer(*/index/klink)"/>
  14.         <include href="LearnaboutthePlannersSavingsInvestmentsAccountsplace.xml#xpointer(*/index/klink)"/>
  15.         <include href="TroubleshootSavingsInvestments.xml#xpointer(*/index/klink)"/>
  16.     </footer>
  17. </topic>
  18.