oldmanbayou
OldManBayou
oldmanbayou

I have been advised to take a lump sum out of my 401k so as to make my annual income for 2015 just below the ‘federal income tax’ line between two tax rates. (1) Is there a definite way to determine where that ‘line is’ between federal income tax rates, and, (2) if part of my income for the year is social security,