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If you look at your TIRA balance....and for simplicity let's say that balance is $100,000....that amount does not belong to you. Only a portion of it does, that portion being approximately the balance times 1-MTR, where MTR = Marginal Tax Rate for Federal + State Tax.

Don't you mean effective tax rate? Otherwise, it can't be this simple, because surely some will be taxed at 0%, and some at intermediate rates up to the Marginal Tax rate. Or some other income exists which will be taxed at the lower rates.
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