Planning Briefs
Four Retirement Income Withdrawal Methods
Published Wednesday, October 16, 2019 at: 7:00 AM EDT
How much should you withdraw from your tax-deferred 401(k) or IRA, and in what form? Here's a brief summary of four retirement income withdrawal methods to help you optimize the decumulation of your retirement income portfolio prudently.
Goals, Obstacles, And Taxes
Your strategy must annually balance withdrawing enough to live comfortably against making your assets last a lifetime. Taxes are a material consideration, since traditional IRA, 401(k) and 403(b) accounts are taxed as ordinary income.
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