LSURussian LSU Fan Baton Rouge Member since Feb 2005 85143 posts
re: Here They Come! Why Congress Might Have to Mess with the 401(k) (Posted on 11/29/12 at 3:57 pm to WildTchoupitoulas)
quote: It will be taxed when it is spent, in all probability.
Some won't be.....in all probability, just as the statement said.
I'm going to do my best planning to avoid paying taxes on my 401(k), IRA rollover withdrawals whenever I start withdrawing by attempting to withdraw only an amount that won't put me into a taxable income situation.
Or, if I can't, I plan on making charitable contributions to negate the taxable income amount.