Still Learning
Recycles dryer sheets
5 years retired and will start RMDs in 2030. Shifted cash to new non-retirement account December 2022. Looking to shut down withdrawals from our retirement accounts until 2030 and let them grow faster. Any interest earned on non-retirement accounts need to be included as part of adjusted taxable income on tax returns.
My question is: "Are withdrawals from non-retirement accounts not taxed again since all interest on the non-retirement accounts is already being taxed on annual tax returns?"
My question is: "Are withdrawals from non-retirement accounts not taxed again since all interest on the non-retirement accounts is already being taxed on annual tax returns?"