The Traderszone Network

Published in TZ Latest News 28 August, 2015 by The TZ Newswire Staff

IRA And 401(k) Income: Calculating Your Withdrawal

Many people try to avoid tapping into their tax-deferred retirement plans like IRAs and 401(k)s as long as possible. Their retirement planning calls for prolonging growth, minimizing tax liability and helping heirs. Other people need income from those accounts. For them, deciding how much to withdraw each year can be tricky. Take out too much, and you deplete your nest egg’s mutual funds and other assets too fast.

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