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    July 13, 2019
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RETIREMENT PLANNING With Rob Ryan RYAN WEALTH MANAGEMENT C C THE LOAN YOU CANT AFFORD During hard financial times, some people are tempted to raid their retirement nest eggs. Most 401(k) plans allow employees to borrow up to half of the balance in their accounts (up to $50,000), then repay the loan ower five years. However, by doing so, contributors lose the power of compounding. Even worse, if an employee were to lose his or her job, the loan is due immediately. Failure to repay the loan results in it being treated as a distribution, meaning it is subjected to state and federal income taxes. Plus, there is a 10 % early -withdrawal penalty for people under age 55. On the other hand, a Roth IRA allows contributors to withdraw contributions (not earnings) tax- and penalty-free after 50 % and the account has been open for at least five years. At Ryan Wealth Management, we help pre-retirees and retirees who want comprehensive wealth management plans strategically designed to help build in a sustainable cash flow wealth and offer potential long-term growth. Everyone has different goals, so it's important to have a unique plan that works for you and your financial situation, both now and in the future. Call Ryan Wealth Management today to schedule a consultation. While some 401(k)plans offer hardship withdrawals that do not have to be repaid, they also spur taxes and a penalty that can devastate a 401(k) plan "Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss. The information is not intended to be a substitute for specific individualized tax, legal, or estate planning advice as individual situations will vary Neither Royal Alliance Associates, Inc., not its registered representatives or employees offer tax or legal advice. To contact Rob Ryan (530) 671-2100 retire@ryanwealth.com www.ryanwealth.com Go to my website www.ryanwealth.com and request a Second Opinion analysis report! And help answer the question: "Will I outlive my money?" Rob Ryan is a Registered Representative offering securities and advisory services tkrough Reyal Alliance Associates, Inc. . regiatered broker-dealer and regiatered investent adviser, Member FINRA, SIPC. Additional advisary services, inrasce and Estate Planning offered thresgh Ryan Wealth Management are indpendent of Royal Allianoe. Principal of Ryan Wealth Management, Inc. located at 463 Century Park Drive in Yaba Cay CA Insarance L ocas9s9 RETIREMENT PLANNING With Rob Ryan RYAN WEALTH MANAGEMENT C C THE LOAN YOU CANT AFFORD During hard financial times, some people are tempted to raid their retirement nest eggs. Most 401(k) plans allow employees to borrow up to half of the balance in their accounts (up to $50,000), then repay the loan ower five years. However, by doing so, contributors lose the power of compounding. Even worse, if an employee were to lose his or her job, the loan is due immediately. Failure to repay the loan results in it being treated as a distribution, meaning it is subjected to state and federal income taxes. Plus, there is a 10 % early -withdrawal penalty for people under age 55. On the other hand, a Roth IRA allows contributors to withdraw contributions (not earnings) tax- and penalty-free after 50 % and the account has been open for at least five years. At Ryan Wealth Management, we help pre-retirees and retirees who want comprehensive wealth management plans strategically designed to help build in a sustainable cash flow wealth and offer potential long-term growth. Everyone has different goals, so it's important to have a unique plan that works for you and your financial situation, both now and in the future. Call Ryan Wealth Management today to schedule a consultation. While some 401(k)plans offer hardship withdrawals that do not have to be repaid, they also spur taxes and a penalty that can devastate a 401(k) plan "Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss. The information is not intended to be a substitute for specific individualized tax, legal, or estate planning advice as individual situations will vary Neither Royal Alliance Associates, Inc., not its registered representatives or employees offer tax or legal advice. To contact Rob Ryan (530) 671-2100 retire@ryanwealth.com www.ryanwealth.com Go to my website www.ryanwealth.com and request a Second Opinion analysis report! And help answer the question: "Will I outlive my money?" Rob Ryan is a Registered Representative offering securities and advisory services tkrough Reyal Alliance Associates, Inc. . regiatered broker-dealer and regiatered investent adviser, Member FINRA, SIPC. Additional advisary services, inrasce and Estate Planning offered thresgh Ryan Wealth Management are indpendent of Royal Allianoe. Principal of Ryan Wealth Management, Inc. located at 463 Century Park Drive in Yaba Cay CA Insarance L ocas9s9