One kicker that no one seems to address: 401(k) disbursements are treated as ordinary income for taxes. Up to 86% of Social Security is taxable depending on income. Therefore, you get a double whammy tax-wise from…
One kicker that no one seems to address: 401(k) disbursements are treated as ordinary income for taxes. Up to 86% of Social Security is taxable depending on income. Therefore, you get a double whammy tax-wise from…