Скачать или смотреть How To Withdraw Money From An IRA After Retirement (How To Take Out Money From IRA After Retirement)

How To Withdraw Money From An IRA After Retirement (How To Take Out Money From IRA After Retirement). In this video tutorial I will show you how to withdraw money from an IRA after retirement.

Withdraw the required minimum distribution.
The required minimum distribution refers to the amount you must take from your IRA and traditional 401(k) every year after turning 72. If you skip this RMD, you’ll be subjected to a tax equivalent to 50% of the amount you should’ve withdrawn from your account. You can make several withdrawals throughout the year to satisfy your RMD.

Alternatively, use the 4% rule.
This rule lets you withdraw 4% of your IRA in the first year, then adjust this percentage to keep up with inflation. For instance, if you have $500,000 in your IRA and apply this rule, you'll withdraw $20,000 in the first year. If you adjust for inflation at 2%, you'll withdraw $20,400 the following year. This simple approach helps you retain your buying power but doesn't consider how your investment performs.

Finally, try the systematic approach.
Here, you'll only withdraw the interest or dividends accrued by your investment and leave the principal. This approach ensures you'll always have money in your retirement account. However, it requires a large principal to meet your needs and is subject to the market's performance.


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