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Author: TMFPixy Big gold star, 5000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75383  
Subject: Re: Before 1st 401K Withdrwal-What tax issues t Date: 1/21/2000 3:56 PM
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Greetings, Crawf, and welcome. You wrote:

<<I am retired and am considering withdrawal for the first time, since retiring, from my 401K. I cannot take a lump sum since I had a withdrwal many years ago and have been advised therefore not eligible for lump sum. What other tax considerations should I be considering before that 1st withdrawal now that I am retired?>>

So far as I can tell from what you wrote, just remember that any withdrawal will be taxable. If all the contributions were made with pre-tax dollars, then all of the withdrawal will be taxed. If you made some after-tax contributions, then part will be taxed.

Regards..Pixy
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