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Disclaimers In defined contribution plans, like a 401(k) plan, the amount of funds accumulated and the investment gains or losses solely determine the benefit at retirement. Distributions made to a plan participant before age 59˝ may be subject to a 10% premature distribution penalty. Qualified plans have minimum distribution rules that govern the timing and amount of distributions. You should refer to your retirement plan, adoption agreement, or consult a tax advisor for more information about these distribution rules. Life Solutions does not provide legal or tax advice. Laws of specific states or laws relevant to a particular situation may affect the applicability, accuracy or completeness of this information. Always consult with a financial advisor such as a Chartered Life Underwriter (CLU) or a Chartered Financial Consultant (ChFC) before making any investment or product decisions. Life Solutions makes no warranties with regard to the information or results obtained by the use of this web site, and disclaims any liability arising out of any persons use of, or reliance on, the information contained in this site. Products not available in all states. Product provisions and features may vary from state to state. The agents of Life Solutions, Inc. are not licensed to sell insurance in all 50 states. To find out if an agent is licensed in your state, please call or e-mail.
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Copyright © 2009 Life Solutions, Inc. All rights reserved. Life Solutions is a proud supporter of the National Association of Conservative Life Underwriters. |
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