Play It Safe When It Come To Withdrawing From Your Retirement Accounts
Posted 3:12PM on Tuesday, August 4, 2009
With the wealth of information out there, you probably know a lot (or can find out a lot) about saving for retirement. But, how much do you know about withdrawing? Having multiple accounts for retirement funds is increasingly common, so it is important to know how to withdraw appropriately. The general order of tax-efficient asset withdrawals is taxable accounts and tax-free accounts (except Roth IRAs), after-tax dollar tax-deferred accounts, before-tax dollar tax-deferred accounts and Roth IRAs. There are other important considerations as well. Here are some rules to remember when the time comes.<br />
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