How are Taxes applied on Withdrawals?

During the Distribution Phase (retirement), instead of the Tax Rate % set in Edit Assumptions, the more personalized tax rates are applied.

Your income (and spousal income), tax filing status, and state of residence are used to assess the income, capital gains, and dividend taxes according to the 2018 Federal and State tax tables.

Note: The results will vary based on your own individual taxable income, filing status, and State.

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