3/15/2018 Webcast: Spending in Retirement
Vanguard retirement analyst, Colleen Jaconetti, explains the most tax-efficient methods of withdrawing from retirement accounts, depending on a number of factors such as your objective, the types of retirement accounts you have, and when you think your tax rate will be lowest.
IMPORTANT INFORMATION
All investing is subject to risk, including the possible loss of the money you invest. There is no guarantee that any particular asset allocation or mix of funds will meet your investment objectives or provide you with a given level of income. Diversification does not ensure a profit or protect against a loss.
When taking withdrawals from a tax-deferred plan before age 59½, you may have to pay ordinary income tax plus a 10% federal penalty tax.
Withdrawals from a Roth IRA are tax free if you are over age 59½ and have held the account for at least five years; withdrawals taken prior to age 59½ or five years may be subject to ordinary income tax or a 10% federal penalty tax, or both. (A separate five-year period applies for each conversion and begins on the first day of the year in which the conversion contribution is made).
This webcast is for educational purposes only. We recommend that you consult a tax or financial advisor about your individual situation.
Advice services are provided by Vanguard Advisers, Inc., a registered investment advisor.
© 2018 The Vanguard Group, Inc. All rights reserved.
