Are Roth distributions counted as income?

I am 60 years old and looking to withdraw Roth funds from my 401(k) and IRA. I know that Roth distributions are tax free, but is the distribution added to my income when I file income taxes? In other words, is a Roth distribution counted as income (added to my overall income)?

401(k), IRAs, Income Tax
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December 2016
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Roth distributions are tax free and not counted as income. You stated above that your were going to "withdraw funds from my 401(k) & IRA."  Are those Roth 401(k) & Roth IRA?  Because if you are talking about "converting" your before tax 401(k) and Regular/Rollover IRA into a Roth, then that whole conversion is taxable.

I would think long and hard before doing that. Many advisors do like that approach, but usually the math doesn't play out due to the loss of compounding the portion you paid in tax. I would almost always take a current tax deferral or deductions than pay now in order for a future tax benefit. You never know what the rules may be.

Best of luck.

December 2016
December 2016
December 2016