How Will My IRA Withdrawals Be Taxed in Retirement?
May 20, 2014
Your withdrawals from a Roth IRA are tax free as long as you are 59 ½ or older and your account is at least five years old. Withdrawals from traditional IRAs are taxed as regular income, based on your tax bracket for the year in which you make the withdrawal.
You May Like
Sign Up for Our Newsletters
Sign up to receive the latest updates and smartest advice from the editors of MONEY