Would it be smarter to use the Roth or traditional funds first?

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Dec 27, 2024
9:45:54am

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Would it be smarter to use the Roth or traditional funds first?

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Joined: Nov 28, 2020
Last login: Dec 27, 2024
Total posts: 992 (9 FO)

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Messages

Author

Time

When I take distributions from a 401(k) account that has a mix of Roth and

zuko

Dec 27, 9:35am

That’s not the same account. You’d pick which account you withdraw the funds.

allaboutthegainz

Dec 27, 9:36am

Would it be smarter to use the Roth or traditional funds first?

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Dec 27, 9:45am

It depends. Traditional funds would have an RMD.

allaboutthegainz

Dec 27, 9:48am

Tons of variables…

PresidiCoug

Dec 27, 9:48am

Beneficiaries would then be able to withdraw the Roth funds tax-free after death

allaboutthegainz

Dec 27, 9:50am

Evaluate your withdrawal runway. Coordinate your taxable withdrawals,

Acorn

Dec 27, 9:56am

I don't think you can mix in one account.

DirtyWater

Dec 27, 9:39am

Most plans allow you to designate which source you’re distributing from.

ThatBYUFan

Dec 27, 9:43am

Look at your withdrawal form

PresidiCoug

Dec 27, 9:46am

When I've taken 401k distributions, taxes were accounted for by the management company

Underhill

Dec 27, 9:51am

It’s a standard withholding for taxable distributions and it’s not optional. You

MormonThug

Dec 27, 10:08am

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