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DerbyDad03 DerbyDad03 is offline
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Default OT How much IRA to take out?

On Oct 26, 8:02*am, "Stormin Mormon"
wrote:
I would
1) call your accountant
2) call the fund manager, where you have your funds
3) look for the information on a .gov website
3a) print out the website, and date your printout, because
the gov likes to change the rules when they good and feel
like it.

--
Christopher A. Young
Learn more about Jesus
*www.lds.org
.

"Metspitzer" wrote in message

...
Anyone know of a rough way to figure out what is the right
amount of
money to take out of retirement without paying too much tax
that year?

My income will be the same this year is it was the last, but
I want to
withdraw some of my retirement. *How do you figure out what
percent
tax you will have to pay?

If you can recommend an "active" group where this would be
on topic I
would appreciate it.


2) call the fund manager, where you have your funds

I doubt you can talk to the "fund manager" - the person or persons
that make the investment decisions within the portfolio. Even if you
could, he/she/they are not going to discuss the tax implications of
withdrawing money from an IRA.

Perhaps you meant to say:

2) call the custodian of your IRA