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Subject:  Re: Naive question Date:  4/27/2012  9:26 AM
Author:  MikeMiser Number:  159 of 178

This will depend greatly on your broker or fund manager. Most seem to take a portion from each fund based on how your funds are distributed. EG, Say you have Fund A= 50% Fund B=25% and fund C=25% of your money. A withdrawal of $1000 would come from Fund A- $500, Fund B-$250 Fund C-$250.
Many brokers allow you to specify so you can take it all from one fund if you wish. You need to check your account to know for sure.

Now another item 2 items to be concerned with.

RMD -Required Minimum Distributions. Check with the IRS website or your fund manager for the rules. Based on the total of all your 401K / IRA and your age. So much $ must be taken each year.

Fees- Some funds or brokers charge a fee for withdrawals. If yours does, minimize your fees by taking yearly or quarterly withdrawals rather than monthly.

YMMV - See you fund manager for specifics and rules.
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