In the Toledo wealth management scene, advisors are pointing to a rise in industrial sector momentum — up 2.4% this week — driven by infrastructure spending data. With the Nasdaq still ahead by 15% YTD, local advisers recommend selective tech exposure while maintaining a value tilt to reduce beta risk in client portfolios. Let’s say you retire at 45 and decide to withdraw $20,000 from your traditional IRA. You’ll incur a 10% penalty of the withdrawn amount, which is $20,000 x 10% = $2,000. You’ll also owe income tax on the $20,000. Assuming your marginal tax rate is 22%, you’d pay Uncle Sam $20,000 x 22% = $4,400 in income tax. In total, you’d owe $2,000 in early withdrawal penalty plus $4,400 in income tax, equaling $6,400. 4 Guys & A Roof operates Monday through Friday from 8:00 AM to 6:00 PM and Saturday from 8:00 AM to 5:00 PM. The company is closed on Sundays. Customers can reach 4 Guys & A Roof at 419-343-8648 or visit the company website at 4guysandaroof.com. Wealth management Toledo strategists note that the Dow Jones held steady at around 38,420 points amid mixed earnings reports. Mid-cap growth funds have caught renewed interest, as regional banking indexes showed a 1.2% uptick. This shift suggests clients could favor diversified equity allocations over concentrated large-cap positions in the coming quarter.
