How Much of My Retirement Income is Taxable?

Shawn Plummer

CEO, The Annuity Expert

Qualified Retirement Accounts

  • Taxation: 100% of the income is taxable.
  • Exception: Roth-based accounts are not taxable.

Nonqualified Retirement Accounts

Taxation of Retirement Income

Retirement Account TypeTaxable Portion
Qualified Accounts100% taxable (except Roth-based)
Nonqualified AccountsOnly the growth is taxable


Understanding the tax implications of retirement income is crucial for effective financial planning. Qualified retirement accounts, except Roth-based ones, are fully taxable, while nonqualified accounts are taxed only on growth. This knowledge helps in strategizing for a more secure and efficient retirement. Contact us today for a free quote.

Request A Quote

Get help or a quote from a licensed financial professional. This service is free of charge.

Contact Us

Shawn Plummer

CEO, The Annuity Expert

Shawn Plummer is a licensed financial professional, insurance agent, and annuity broker with over 14 years of first-hand experience with annuities and insurance. Since beginning his journey in 2009, he has been pivotal in selling and educating about annuities and insurance products. Still, he has also played an instrumental role in training financial advisors for a prestigious Fortune Global 500 insurance company, Allianz. His insights and expertise have made him a sought-after voice in the industry, leading to features in renowned publications such as Time Magazine, Bloomberg, Entrepreneur, Yahoo! Finance, MSN, SmartAsset, The Simple Dollar, U.S. News and World Report, Women’s Health Magazine, and many more. Shawn’s driving ambition? To simplify retirement planning, he ensures his clients understand their choices and secure the best insurance coverage at unbeatable rates.

The Annuity Expert is an independent online insurance agency servicing consumers across the United States. The goal is to help you take the guesswork out of retirement planning and find the best insurance coverage at the cheapest rates

Scroll to Top