Tax Impact Calculator
Estimate how different retirement income sources affect your taxes and plan your withdrawals strategically
Your Retirement Income
Age affects standard deduction amounts
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Up to 85% may be taxable depending on other income
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Generally fully taxable as ordinary income
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Fully taxable as ordinary income
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Tax-free if rules are met (age 59½ + 5-year rule)
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Includes dividends, interest, and capital gains
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Part-time work, rental income, etc.
Your Tax Results
Enter your income information to see tax calculations
Tax Planning Tips
Tax-Efficient Strategies
- ✓Use Roth withdrawals to stay in lower tax brackets
- ✓Time traditional IRA withdrawals strategically
- ✓Consider Roth conversions in low-income years
- ✓Plan Social Security timing to minimize taxation
Things to Watch
- ⚠High income can make Social Security taxable
- ⚠Medicare premiums increase with higher income
- ⚠RMDs start at age 73 and are fully taxable
- ⚠Capital gains rates may apply to investments