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Retired 401k withdrawal

My wife and I are retired and drawing social security.  2022 was our first year paying zero income tax. Principally speaking, how much of her 401k can we draw this year and stay below the threshold for paying income taxes? 

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Retired 401k withdrawal

use this calculator - it's set up for 2023....the TT calculator is still set to 2022. 

 

https://www.dinkytown.net/java/1040-tax-calculator.html

 

 

 

 

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4 Replies

Retired 401k withdrawal

Retired 401k withdrawal

use this calculator - it's set up for 2023....the TT calculator is still set to 2022. 

 

https://www.dinkytown.net/java/1040-tax-calculator.html

 

 

 

 

Retired 401k withdrawal

Thanks for your insight! I'll check it out. 

Retired 401k withdrawal

Thanks for steering me toward this calculator. Grateful.

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