Let's assume I am eligible to withdraw my Roth and Traditional 401k in 2020 and am single. I am going to withdraw $9,700 from my Traditional and $9,700 from my Roth. The total amount is 19,400. I know I do not have to pay taxes from my Roth, and I have to pay taxes for my traditional. Is the withdrawal from my Traditional tax at 10% since the withdrawal from my Roth is tax free now? Or am I paying my Traditional withdrawal at the higher rate of 12% because they are counting my Roth withdrawal as part of my income and tax my traditional at a higher rate? Thanks.
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