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You started your traditional 4 0 1 ( K ) retirement account 3 2 - years ago with a one time deposit of $ 1
You started your traditional K retirement account years ago with a one time deposit of $ The account is now worth $ You are retired and are now required to withdraw some of the money from the account. Below is the current tax situation:
Your current tax bracket marginal or ordinary tax rate
Longterm Capital Gains Tax Rate
What was the annual rate of growth in the value of your k account?
What are the taxes owed if you withdraw $ of the funds from your k the account?
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