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Tax, SDIRAs & Cost Segregation

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Philip Bourdon
  • Pittsburgh, PA
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87
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IRA Distribution - Taxes

Philip Bourdon
  • Pittsburgh, PA
Posted Aug 8 2011, 17:46

This is a question for you Tax-Savvy Folk out there. I'll soon be 59 1/2 and am planning take a distribution on a 403b (non-profit organizations) that I have with the intention of using it in a SD IRA (most likely with checking capability).

I am currently in the 15% tax bracket with my job. I have read online that the distribution, although taxed, will be taxed at my current rate and not jump the taxable income up a bracket or two.

Does anyone know for sure about this. yes, I will soon meet with a CPA but am hoping to learn as much as possiible beforehand.

Thanks

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