Talk of The Villages Florida - View Single Post - Global markets, your investment thoughts
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Old 06-12-2025, 11:49 AM
kingofbeer kingofbeer is offline
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Quote:
Originally Posted by retiredguy123 View Post
Any income that you remove from an IRA or 401K will be taxed at your ordinary income tax rate. You can never take advantage of the lower capital gains rate.
Income from these accounts are not subject to tax. The withdrawals are subject to tax.