Hi, how much taxes do you pay when you withdraw money from your 401k at retirement (59 1/2 yrs)? How is you 401k distributed? Weekly? Monthly? how is that amount calculated (distribution)?
I would imagine, taxes are always depending on your bracket in relation to your actual taxable income.
As for distributions, that would be up to you and the brokerage, unless I’m not understanding your question and from what I know, there is no limit as how much you can take out since it is your money, and of course we’re not talking about tapping into the money before the appropriate age and avoiding penalties.