Why are you doing this? Reading between the lines, it appears
you want to remove it because you are in a lower tax bracket now than you
expect to be in the future.
You cannot make a withdrawal, at this time, for tax year
2017. That had to be done on or before 12-31-17. Anything you do now will count
for tax year 2018. So, you may want to wait til later in the year to have a better
handle on your overall tax situation.
“I am not withdrawing
it too early”. I take that to mean you
are over age 59-1/2. If you are under age 59-1/2, you will have to pay a 10%
early withdrawal penalty, in addition to the 15% tax.
Instead of removing money and putting it into a taxable
account, you could consider converting some of your traditional IRA to a Roth
IRA. You pay the same amount of tax, as withdrawing the money (but no penalty
for those under 59.5) but the money can be invested free of future tax.
