To assist with your retirement goals, JULY provides a variety of calculators to help you meet your objectives in setting up or monitoring your retirement accounts.
Amounts received from qualified plans are generally taxed at ordinary income tax rates, other than qualified distributions of Roth 401(k) amounts. Amounts received before age 59 1/2 may be subject to a 10% federal income tax penalty and additional state penalties. July Business Services does not provide tax or legal advice. The information contained on this website is intended solely to provide general summary information and is not intended to serve as tax or legal advice. For tax or legal advice concerning your situation, please consult your professional tax advisor or legal counsel. All investments involve risk, including loss of principal with no guarantee of profits. Investors should carefully consider their objectives, risk tolerance, and time horizon before investing. Clients should consult all plan documents before establishing a retirement plan.