qandaQ: What's the most tax efficient strategy to withdrawal from their IRA and ROTH?

Question: I’m assisting my parents with their retirement. They have Traditional IRA’s and Roth IRA’s. They both also have pensions and will collect Social Security in two years and receive a monthly royalty from an inherited oil partnership. Their pensions and the royalty cover their living expenses, my father’s pension decreases by 10% when he starts collecting social security. My question is, what’s the most tax efficient strategy to withdrawal from their IRA and ROTH?

Answer: I do not give tax advice, so I hesitate to answer your question. Here’s what I suggest you and your parents do to consider the best tax approach: consult an online search for “tax efficient withdrawals from regular and Roth IRAs.”  Here are a couple of the articles that seem worth reading, and If you don’t find what you need in these articles please let me know.