There are several ways to manage your retirement assets when you leave your company. This calculator will help you compare the effects of taxes and penalties on the taxable portion of a full distribution vs. continuing to allow it to grow tax-deferred, such as in a rollover IRA.
This calculator was developed by KJE Computer Solutions, which is not affiliated with American Funds. It is intended for use in making a rough comparison of cashing out a taxable retirement plan account and continuing to allow it to grow tax-deferred. We do not guarantee the accuracy of the results or their relevance to your particular circumstances. We encourage you to seek the assistance of your financial professional.
The S&P 500 Index is a product of S&P Dow Jones Indices LLC and/or its affiliates and has been licensed for use by Capital Group. Copyright 2023 S&P Dow Jones Indices LLC, a division of S&P Global, and/or its affiliates. All rights reserved. Redistribution or reproduction in whole or in part are prohibited without written permission of S&P Dow Jones Indices LLC.
For more information regarding this calculator or its calculations, please e-mail KJE Computer Solutions at afquestions@dinkytown.net or visit http://www.dinkytown.net.