Free calculator · tax year 2026
Retirement withdrawal calculator
This year’s withdrawals from each account, the tax they cause, and how close they come to the line you want to stay under.
Take from the traditional IRA in 2026: $91,181.
Take from the traditional IRA in 2026$91,181Federal tax$9,581
Florida$0
Room under the 12% bracket$16,829
Taxable income$83,971after $39,850 of deductions
12% top $100,800 Under · $16,829
- Ordinary income after deductions$83,971
Plan withdrawals and Roth conversions together
See how cash, IRA, Roth and brokerage withdrawals cover spending, with federal and state tax.
With these inputs, $91,181 from the IRA and $38,400 of Social Security cover $120,000 of spending and $9,581 of federal tax. Brokerage, cash and Roth stay untouched.
| Source | Amount | How it is taxed |
|---|---|---|
| Social Security | $38,400 | $32,640 taxable (Pub 915) |
| Traditional IRA | $91,181 | ordinary income · no RMD before 75 |
| Taxable account | $0 | no sale |
| Cash and Roth | $0 | not used |
| Total coming in | $129,581 | $120,000 spending + $9,581 tax |
1Top of the 12% bracketUnder · $16,829
taxable income at ordinary rates $83,971line $100,800
- Income before Social Security$91,181
- +Taxable Social Security85% tier: provisional income $110,381 is over $44,000$32,640
- =Adjusted gross income$123,821
- −Standard deductionbase $32,200 + 1 × $1,650 for age 65+$33,850
- −Enhanced deduction for seniors1 × max(0, $6,000 − 6% × max(0, MAGI − $150,000))$6,000
- =Taxable income$83,971
- =Federal income tax2026 Tax Table; no net investment income tax$9,581
Calculations, not tax, legal or investment advice.
Method and sources
- The required minimum distribution comes first, from last December 31’s balance and the IRS Uniform Lifetime Table.
- Spending plus the tax it causes is then funded in the draw order you chose. Traditional withdrawals and taxable sales stop at the largest whole-dollar amount that keeps you under the line; taxable sales realize gain in proportion to the account’s unrealized gain.
- Cash, then Roth, cover the rest. If that is not enough, the line is crossed only by what is still needed.
- Federal tax uses the 2026 brackets, standard deduction (with the age 65+ additions), capital-gains stacking, Social Security taxation and NIIT.
No Roth conversion here, and the whole traditional balance counts as one person’s. The full planner adds conversions, several lines in priority order and a spouse’s own accounts.
Tables and sources
- Rev. Proc. 2025-32§4.01 Tables 1 and 3; §4.14(1) and (3); §4.03 · 2026 · www.irs.gov
- Schedule 1-A (Form 1040), Part V Enhanced Deduction for SeniorsSchedule 1-A Part V; IRC §151(d)(5)(C), effective 2025–2028 · 2026 · www.irs.gov
- IRS: Questions and Answers on the Net Investment Income TaxIRC §1411; thresholds are statutory and not indexed · 2026 · www.irs.gov
- IRS Publication 915, Social Security and Equivalent Railroad Retirement BenefitsIRC §86 base amounts; Pub 915 Worksheet 1; not indexed · 2026 · www.irs.gov
- CMS fact sheet: 2026 Medicare Parts A & B Premiums and Deductibles (2025-11-14)Part B and Part D income-related monthly adjustment amounts; set from MAGI two tax years earlier · 2026 · www.cms.gov
- HHS 2025 Poverty Guidelines (Federal Register 2025-01377); IRS Premium Tax Credit Q&A A72026 coverage uses the 2025 HHS poverty guidelines (48 states + DC); the enhanced credit lapsed after 2025, so eligibility stops above 400% FPL · www.federalregister.gov
- IRS Publication 590-B (2025), Distributions from Individual Retirement Arrangements (IRAs)Appendix B, Table III (Uniform Lifetime); applicable denominator next to the owner's age on their birthday in 2026, divided into the balance at the end of 2025 · www.irs.gov
- 26 U.S.C. §401(a)(9)(C)(v); REG-103529-23 proposed rule, 89 FR 58644 (2024-07-19)IRC §401(a)(9)(C)(v) applicable age (SECURE 2.0 Act §107); born 1959 = 73 per proposed Treas. Reg. §1.401(a)(9)-2(b)(2)(v) (Federal Register 2024-14543); first RMD year is the year the owner reaches the applicable age · 2026 · www.law.cornell.edu