Monday, July 30, 2012

401K Lump Sum Distribution Calculator

Are you aware that, you have to include your 401K retirement amount (minus the fees and penalty) in your Zakat calculations?

I was not aware of this till this year and I am trying to figure out what amount will be received to me if I supposed, did cashed out all the amount today.

On this web site, it has detailed a very simple and easy calculator for the 401K, make sure to enter your federal tax rate as, it may not be the default 35%.

http://tools.nadart.org/calculators/LumpSumDistributionCalculator.cfm

~JazakAllah
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2 comments:

  1. UnknownMay 27, 2013 at 12:29 AM

    I love to see this type of information because it represent our Islamic important issues. Zakat Calculator

    ReplyDelete
  2. Mueeid KhanOctober 29, 2017 at 8:21 AM

    Most printing calculators are designed for use in bookkeeping and accounting. They contain all the keys of a basic calculator, with additional keys that allow for easily finding percent, subtotal, grand total, tax rate, and a number of other functions used when totaling large quantities.guarantor loans

    ReplyDelete

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