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02-15-2017 11:38 AM Mike295

i dont know the tax laws dude hahaha

02-15-2017 11:38 AM Mike295

if it was taxed already then not necessarily

02-15-2017 11:38 AM Mike295

if its in a non taxed account you will get taxed on the withdrawal

02-15-2017 11:37 AM ronaldo9

so let's say im 65 and retired and ahve 1million in retirment does that 1 million go to my bank or the govt gives checks until i die

02-15-2017 11:37 AM Mike295

its all reletive i think there are other options in roths tsuch as early withdrawal. but i am not an expert

02-15-2017 11:36 AM Mike295

which is NOW money

02-15-2017 11:35 AM Mike295

and get to write off the deposit in the tradtional IRA

02-15-2017 11:35 AM Mike295

yes but lets say at the age of 35 you are in the 25% tax bracket

02-15-2017 11:35 AM Mike295

so you technically will be in a lower tax bracket

02-15-2017 11:35 AM ronaldo9

how does it work whenyou retire

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