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?
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?
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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