Withdrawals and Taxes

These pages cover the income you choose to realize and the tax it creates. Roth Conversions and Withdrawals are the two lists you order to move money out of accounts on purpose, and they carry the sizing options that fill to a tax bracket or an IRMAA tier. SEPP §72(t) is a fixed schedule of penalty-free early withdrawals. The Conversion and Withdrawal Optimizer searches for a better set of those conversion and withdrawal rules and writes them into the scenario. Qualified Charitable Distributions give directly from an IRA. Income Taxes lists what the tax engine computes each year and where it simplifies. The order in which all of this runs inside a year is covered in how a year works.

• Roth Conversions and Withdrawals — The two lists that move money out of accounts on purpose. The three withdrawal kinds, where each draws from, the three ways to size one, how conversions work, and the penalties and RMD rules that apply.
• Conversion and Withdrawal Optimizer — How FinZot searches for a better set of Roth conversion and withdrawal rules. What it can change, what it scores, and what it writes into the scenario.
• SEPP §72(t) — Substantially equal periodic payments from one pre-tax account. The two methods, the life expectancy tables, how long the schedule runs, and what it locks.
• Qualified Charitable Distributions — Giving directly from a traditional IRA. Who can, how a QCD is sized, how it counts toward the RMD, and what it does to income and cash.
• Income Taxes — What the tax engine computes each year, listed briefly, and where it simplifies or leaves something out.