If you’re like many Americans, you’ve been setting aside money for your retirement. Now that you’re nearing retirement age, it may soon be time to start drawing money from your qualified retirement plans. When it comes to taking distributions, you face a number of important decisions, including which money to use first.

1. Retirement Matters
Distributions from Retirement Plans
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2. Financial Matters Series
ProvidenceWealthPartners
Securities and Investment Advisory services offered through Transamerica Financial Advisors, Inc. (TFA), a registered investment advisor. Member FINRA & SIPC.
Non-Security products and services are not offered through TFA. Providence Wealth Partners LLC and TFA are not affiliated. We are licensed to sell securities in the
following states: CA, CO, IL, IN, MN, OR and TN. This should not be considered a solicitation in any other state. Due to various state regulations and registration
requirements concerning the dissemination of information regarding investment products and services, we are currently required to limit access of the following pages to
individuals residing in states where we are currently registered. A broker/dealer, investment advisor, BD agent or IA rep may only transact business in a particular state
after licensure or satisfying qualifications requirements of that state, or only if they are excluded or exempted from the states broker/dealer, investment advisor, or BD
agent or IA rep requirements, as the case may be; and follow-up, individualized responses to consumers in a particular state by broker/dealer, investment advisor, BD
agent or IA rep that involve either the effecting or attempting to effect transactions in securities or the rendering of personalized investment advice for compensation, as
the case may be, shall not be made without first complying with the states broker/dealer, investment advisor, BD agent or IA rep requirements, or pursuant to an
applicable state exemption or exclusion.

3. Retirement Income Sources

4. Distribution Decisions
1. What to Take First
2. How to Take Distributions
3. Investment Strategies
4. Rules to Remember
5. Benefits and Beneficiaries

5. What to Take First
Taxable Accounts
(Savings and Investments)
Tax-Deferred Accounts
(Traditional IRAs, 401(k) & 403(b) plans)
Tax-Exempt Accounts
(Roth IRAs)

6. What to Take First

7. Click to Play

8. How to Take Distributions
Option 1.......Leave it Alone
Option 2 .......Lump Sum
Option 3 .......Rollover
Option 4.......Annuity
Option 5... ....Combination

9. IRA Rollover Considerations
• Continued tax deferral
• Control
• Generally, more investment options
• Mandatory distributions at
age 70½ (traditional)
14%
Spent
all of the
65%
Rolled over
proceeds
all to an IRA
86% 21%
Reinvested
Rolled over
some or
some to
all of the
an IRA,
proceeds
reinvested
some
outside an
IRA, and/or
spent some
Source: Investment Company Institute, 2011. Results are from a survey of employees retiring between 2002 and 2007.

10. Investment Strategies
Protecting Generate Growth
Principal Income Potential
•
Certificates of •
Individual bonds
•
Individual stocks
Deposit •
Income-oriented
•
Growth-oriented
•
Money market mutual funds mutual funds
funds •
Fixed annuities
•
Variable annuities
Mutual funds and variable annuities are sold only by prospectus only. You should consider the charges, risks, expenses, and
investment objectives carefully before investing or entering a contract. A prospectus containing this and other information about the
investment company or insurance company can be obtained from your financial professional. Read it carefully before you invest or
send money.

11. Investment Strategies
Cash
10%
Bonds
Aggressive Portfolio
10% Best Year.........33.6%
Worst Year.....-32.8%
Stocks Average..........8.8%
80%
Stocks
20% Conservative Portfolio
Best Year...............16.8%
Cash
Bonds Worst Year...........-13.2%
60% 20% Average..............5.7%
Source: Thomson Reuters, 2012
Past performance does not guarantee future results. Actual results will vary.

12. The $
100,000 Difference
$
700,000
$
600,000 Aggressive Portfolio
$
500,000
$545,187
$
400,000
Conservative Portfolio
$
300,000 $305,551
$
200,000
$
100,000
Start Year 10 Year 20
This is a hypothetical example used for illustrative purposes only. It is not representative of any specific investment or combination of
investments. Past performance does not guarantee future results. Actual results will vary.

13. Strategy #1: Mutual Funds

14. Strategy #2: Split Annuities
$400,000 divided into two pools
Generates $1,253 per month
$129,774 $150,000
$100,000 in income (at 3%)
$50,000
Start
Year 1 2 3 4 5 6 7 8 9 10
$400,000
al at 4%
$350,000
$270,226 $300,000
s Princip
$250,000 Rebuild
$200,000
$150,000
$100,000
$50,000
Start
Year 1 2 3 4 5 6 7 8 9 10
This is a hypothetical example used for illustrative purposes only. It is not representative of any specific investment or combination of
investments. Past performance does not guarantee future results. Actual results will vary.

15. Strategy #3: Combination
$400,000 divided into three pools
$150,000 Generates $2,150 per month in
$119,653 $100,000 income (at 3%) during years 1-5
$50,000
Start
Year 1 2 3 4 5
Generates $2,150 per month in income (at 3%)
$150,000 during years 6-10
$100,138 $100,000
Builds value (at 4%)
$50,000
Start
1 2 3 4 5 6 7 8 9 10
Year
$400,000
$180,209 $300,000
at 8%)
principal (
$200,000 Rebuilds
$100,000
Start
Year 1 2 3 4 5 6 7 8 9 10
This is a hypothetical example used for illustrative purposes only. It is not representative of any specific investment or combination of
investments. Past performance does not guarantee future results. Actual results will vary.

16. Rules to Remember
•
Required Minimum Distributions
- Age 70½
- Based on age, account value,
and life expectancy
•
Excess accumulation penalty
- 50% of amount not distributed
as required
Source: Internal Revenue Service, 2011

17. More Rules to Remember
•
Age 59½
Exceptions to rule
- Unreimbursed medical expenses
- Disabled
- Higher education expenses
- Buy or build a first home
Source: Internal Revenue Service, 2011

18. Beneficiaries
•
Naming your spouse
as beneficiary
•
Naming someone
other than your
spouse as beneficiary

19. When Should You Begin Taking
Social Security Benefits?
Who’s Early? Who’s Late?
Age Matters
73.9%
Retire Early
Age 62 $923/mo.
Age 67 $1,230/mo.
Age 70 $1,549/mo.
26.1%
Retire at “Normal Age”
Source: Social Security Administration, 2012; average monthly benefit for a retired worker.

20. Distributions from Retirement Plans

21. Financial Matters Series
Brandon Singer
BSinger@ProvidenceWP.com
www.ProvidenceWealthPartners.com
Securities and Investment Advisory services offered through Transamerica Financial Advisors, Inc. (TFA), a registered investment
advisor. Member FINRA & SIPC. Non-Security products and services are not offered through TFA. Providence Wealth Partners LLC
and TFA are not affiliated. We are licensed to sell securities in the following states: CA, CO, IL, IN, MN, OR and TN. This should not
be considered a solicitation in any other state. Due to various state regulations and registration requirements concerning the
dissemination of information regarding investment products and services, we are currently required to limit access of the following
pages to individuals residing in states where we are currently registered. A broker/dealer, investment advisor, BD agent or IA rep may
only transact business in a particular state after licensure or satisfying qualifications requirements of that state, or only if they are
excluded or exempted from the states broker/dealer, investment advisor, or BD agent or IA rep requirements, as the case may be; and
follow-up, individualized responses to consumers in a particular state by broker/dealer, investment advisor, BD agent or IA rep that
involve either the effecting or attempting to effect transactions in securities or the rendering of personalized investment advice for
compensation, as the case may be, shall not be made without first complying with the states broker/dealer, investment advisor, BD
agent or IA rep requirements, or pursuant to an applicable state exemption or exclusion.