What a taxable index-fund account is actually worth after expense-ratio drag and after New Mexico takes its share of the gain — which, in most states, is not at the federal preferential rate.
There is no state equivalent of the federal preferential rate here — a long-term gain is charged at New Mexico's normal income brackets, exactly like wages. This is the common case, and it surprises people who assume the federal 15% carries over. Long-term capital gains enter New Mexico net income through federal AGI and are taxed at the graduated rates above; the federal preferential long-term rate does NOT carry over. IMPORTANT CAVEAT, flagged rather than smoothed over: New Mexico's Income Tax Act does contain a net capital gain deduction at Section 7-2-34 NMSA 1978, historically the greater of a fixed dollar floor or a percentage of net capital gain, and that provision was narrowed by recent legislation. The current amount could not be confirmed from a primary source within this pass, so no exclusionPct is recorded — see NEEDS_VERIFICATION. Treat 'ordinary' as the conservative floor: a New Mexico taxpayer with a large long-term gain may owe less than the ordinary-rate calculation implies, never more.
What your state actually takes from a 401(k) withdrawal, a pension, and Social Security — in dollars, not a yes/no list.
2026 limits, employer match, the 60-63 super catch-up, and whether the Roth catch-up mandate applies to you.
When your RMDs start under SECURE 2.0, how much this year's is, and what missing it costs.
A required minimum distribution is ordinary income, taxed at your top bracket and often pushing you into the next one. Here is the federal tax on RMDs from $20,000 to $75,000 at different income levels, why the default 10% withholding usually leaves a bill, how to avoid an underpayment penalty, and the three side effects that make the real rate higher than the bracket.
The required minimum distribution on every common balance at every age from 73 to 95, worked from the IRS table, plus what happens to the account over twenty years of withdrawals at 0%, 5% and 7% returns. The short version: the share you must take rises every year, and at good returns the dollar amount keeps rising with it.
What moving actually saves, on your own income mix rather than a headline rate — and how to establish domicile so the state you left cannot follow you.
Which account to draw first, priced. The three cliffs a withdrawal can cross without warning, the conversion window almost nobody uses, and why the order is the last big decision you can still change.