<prompt> Human: Im thinking when I retire, if I only withdrawal 20k one year from my traditional 401k will I still pay capital gains taxes with such a low income assuming I have the house paid off and no dependents? Do I have to pay capital gains no matter what?EDIT:Im rolling 5k from a traditional 401k from an employer over to my private brokerage so Im wondering if I should put it into my Roth or keep it traditional. The bulk of my money is in Roth except my new employer match. I may have 400k in traditional when I retire in 34 years. So Im wondering if its better to keep the 5 k in traditional and then spread out the withdrawals to keep the taxable income really low. or to pay about 1000 in taxes now and keep the growth tax free.  <response>: 401k distributions arent taxed as capital gains, they are taxed as income. 