Texas Tech University

Secrets of Tax-Efficient Drawdown

Retirement Income Journal

April 10, 2015

Retirement Income Journal - The well-known authors of a book on Social Security claiming strategies have turned their attention to a perennial financial problem for retirees: how to minimize the annual tax bill when drawing income from a hodgepodge of taxable and tax-deferred accounts.

In a paper in the March/April issue of the Financial Analysts Journal, William Meyer and William Reichenstein, authors of Social Security Strategies: How to Optimize Retirement Benefits, along with Kirsten Cook of Texas Tech University, depart from making the usual recommendation to drain taxable accounts first, then tax-deferred accounts, and then Roth IRAs.

To continue reading, including to hear what another Texas Tech professor has to say, go to the Journal.