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Yes. But it is based on my income tax rate, whether withdrawing from a T-IRA or a non- IRA, correct?

No. There is no tax on withdrawal from a non-IRA account, only a tax on the capital gain, when realized. The capital gain is taxed at a maximum of 15% (under most circumstances, 20% for those in the 39.6% bracket). The T-IRA withdrawal is taxed at your marginal rate which could be as high as 39.6%. T-IRA withdrawals are taxed on the non-basis portion of the withdrawal which could be more or less than capital gain associated with a transaction.

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