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Politics : The Next President 2008 -- Ignore unavailable to you. Want to Upgrade?

To: tonto who wrote (2856)4/26/2008 1:18:13 AM
From: John Carragher  Read Replies (1) | Respond to of 3215
 
not really,, it all depends on how much you with draw. the first $14,000 income would be at 10% and up to $56,800 thereafter would be 15%, of course you back out exemptions, itemized deductions or standard deductions.

also taxed in ira is all dividend income.

Having lived off 401k plan for the last 14 years i can tell you if your receiving other taxable income you plan your withdrawals to reduce tax exposure.


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