Peter Foley wrote:The general rule is to withdraw from taxable first, then tax deferred, then Roth. This allows your tax deferred and Roth to continue to compound. The Roth is last because it is not subject to required minimum distributions. However, this is not the best approach for everyone. One has to consider their tax rate prior to receiving SS, after taking SS, and when taking RMD’s.
If you were to provide some idea as to your projected tax bracket in these stages of retirement, an appropriate answer could be provided.
Having a few low tax years prior to taking SS gives one a lot of options with respect to withdrawals.
If you're 70 1/2 or older, take RMD first.
Then taxable, then tax deferred, then ROTH.
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