When you withdraw money from your vanguard retirement fund how much do they take out?

Vanguard is required to withhold 20% (and send to the IRS, as a down payment on taxes, (see below)) if you are under 59 1/2 years old.

The IRS will collect income taxes on any earnings (estimate 25%) in any case plus 10% (of the total withdrawn) if you are under 59 1/2 years old,

Thus, if you want to end up with $10K you should withdraw $15K.

It depends on the specific fund you are withdrawing from. You can click on "Fees and Minimums" after selecting your specific fund.

Most Vanguard funds do not have redemption fees. However, some of the speciality funds *do* have a redemption fee (~ 1%) if shares are held less than one year.

If you are retired, the government will tax the withdrawal as income tax.

mame is correct...unless it is from a roth account in which case no taxes are taken out

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