Roth IRA 5-Year Rules: How to Withdraw Money With No Taxes or Penalties - 404
Your Money, Your Wealth
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Don't Get So Caught Up at 12
The tax deduction that he receives, he has to pay back in the future with interest because there is no free lunch. He saved $30,000 in the 22% tax bracket. It grows to $2.5 million. If he pulls it out at a lower rate at 12%. He's going to pay $300,000 in tax. So don't get so caught up at 12. Oh, I'm going to be in this bracket and that bracket hurt all right.
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