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This page contains a single entry by Associate Editor published on October 19, 2011 6:04 PM.

Proposed IRS Funding Cuts May Cause Enforcement Problems, Deficit to Increase was the previous entry in this blog.

Experts Advise to Take Advantage of Tax Breaks Now is the next entry in this blog.

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Withdraw from the Roth IRA or the 401(k)?

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Associate Editor
on October 19, 2011 TrackBacks (0) Comments (0)

Trying to decide whether to withdraw funds from your Roth IRA or from your 401(k) is a bit like trying your hand at fortune telling.  Making a determination of your future income potential and tax liability is a difficult task--but one that has to be made when deciding on which account to withdraw funds from.  Dr. Don Taylor explains the difficult predictions that must be made in order to correctly determine which course of action is the right decision. 

 

See Dr. Don Taylor, "Tap 401(k) or Roth IRA first in retirement?," bankrate.com.

 

h/t foxbusiness.com

 

Posted by Shahzeb Gaziani, Senior Associate Editor, Wealth Strategies Journal.

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