Retirement Withdrawal Tax Calculator
Calculate the income tax owed on a retirement account withdrawal after age 59½ (no penalty).
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Traditional IRA/401(k) withdrawals are taxed as ordinary income; Roth withdrawals of contributions are generally tax-free (not modeled here).
Worth Knowing
After age 59½ the 10% early-withdrawal penalty disappears, but withdrawals from traditional (pre-tax) retirement accounts are still taxed as ordinary income, because you deferred tax on the contributions. This is the key difference from a Roth account, whose qualified withdrawals come out tax-free. Planning the size and timing of withdrawals matters — a large one can push you into a higher bracket, so many retirees spread withdrawals to smooth their taxable income year to year.
How to Use
- Enter Filing status into the first field of the Retirement Withdrawal Tax Calculator.
- Fill in the rest: Withdrawal amount, Other taxable income.
- Your result appears instantly as you type — there's no submit button or page reload.
- Traditional IRA/401(k) withdrawals are taxed as ordinary income; Roth withdrawals of contributions are generally tax-free (not modeled here).