Skip to main content

Ferguson - Financial Planning Minneapolis

Ferguson - Financial Planning Minneapolis

  • Home
  • About Us 
    • About Ferguson Financial
    • About Greg
    • CFP®
  • What We Do 
    • Wealth Management
    • Financial Planning
    • Risk Management
    • Estate Planning
    • Investment Management
  • What To Expect 
    • It's all about you
    • Macro vs Micro
    • The Solution
  • Blog
  • Contact Us
  • Client Login
  • Free E-Book

    You are here

  1. Home
  2. In-Service Withdrawals from Employee Retirement Plans

In-Service Withdrawals from Employee Retirement Plans

In-Service Withdrawals from Employee Retirement Plans

Submitted by Ferguson Financial Inc. on February 7th, 2017

 Square-Logo-no-Social.jpg

 

If you withdraw money out of a workplace retirement plan in your fifties, will you be penalized for it? In most cases, the answer is yes. Distributions taken from a qualified retirement plan before age 59½ usually trigger a 10% IRS early withdrawal penalty. The key word here is “usually,” for there are ways to make these withdrawals with no IRS penalty, even while you are still working for your employer.1

 

Tags:
  • In-Service Withdrawals from Employee Retirement Plans
  • Read more

Contact Us

Don't hesitate to get in touch with us.
We would love the opportunity to become your trusted advisor.

 Free E-Book

 

Phone: 952-406-8316
Fax: 952-406-8316

Email: greg@fergusonfinancialinc.com

5100 Eden Avenue, Ste. 311 , Edina, MN 55436

twitter estate planning minneapolis linkedin financial advisor minneapolis  facebook wealth management minneapolis  instagram investment management minneapolis  googleplus investment management minneapolis

Get Directions

Quick Message

We created Ferguson Financial, Inc. to work as your personal financial advisor offering you a wide range of wealth management solutions including financial planning, estate planning, investment management, risk management and investment planning. We proudly serve clients from Minneapolis & St Paul, Minnesota, as well as the surrounding communities.

  • Sitemap
  • Legal, privacy, copyright and trademark information

angies-list.png

angies_list_review_icon2.png


Previous Awards were received for
2006, 2007, 2008, 2010, 2011, 2012, 2014, 2015, and 2016

What does the Super Service Award graphic mean?

If a company has the Super Service Award logo on their company record, then they have won the Angie's List Super Service Award® for the year indicated. Each year Angie's List awards this honor to companies that have given outstanding service according to the members for the previous year. The most recent award given is for 2017. In 2017, the criteria for the award included receiving a minimum number of reviews from our members, maintaining an A average on both the reviews for 2017 as well as on their overall reviews and not being in poor standing with the Better Business Bureau. Less than 5% of the companies on Angie's List received the award in 2017. Please keep in mind that the award is based on the company's previous service and you should always check Angie's List before hiring because a company's rating can change.

© 2021 Ferguson Financial Inc.. All rights reserved.

Website Design For Financial Services Professionals