I'm retired and looking into purchasing real estate with some of my funds from my 457 account. I'm trying to figure out the federal tax rate If I make a withdrawal. Does it count as income that will it be added to our annual income between my retirement and my wife's salary? If that is the case it will probably bump us into a higher tax bracket. Or is there straight federal tax rate when you make the withdrawal? I live in California so I know they will want their share as well. I plan on talking with my CPA, but I thought this forum would be a good starting point and get advice from others on here. Thanks!
