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Retirement Planning

How Different Income Sources Are Taxed in Retirement

Overview

Two retirees with identical account balances can end up with very different tax bills, because it's not just how much you withdraw that matters, it's where the money comes from. Traditional accounts, Roth accounts, taxable brokerage accounts, and annuities are all taxed on different terms.

Sequencing withdrawals across these sources thoughtfully, rather than default order, is one of the more overlooked ways to manage a retirement tax bill over time.

What this checklist covers

  1. 1Taxable accounts
  2. 2Roth retirement accounts
  3. 3Traditional retirement accounts
  4. 4Annuities and other income sources

Common questions

Preview of the How Different Income Sources Are Taxed in Retirement checklist

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