Ask Carrie – Can I Protect My Retirement Income and 401(k) From Taxes? Retirement 401k Saving for Retirement Taxes By Carrie Schwab-Pomerantz November 08, 2017 Key Points

Income from a pension or tax-deferred accounts is typically taxed as ordinary income.

A percentage of Social Security benefits may also be subject to income taxes depending on what the IRS calls your ‘provisional’ income.

Knowing in advance how retirement income is taxed can help you make smart decisions.

Source: Can I Protect My Retirement Income and 401(k) From Taxes? | Charles Schwab