 IRS, this isn't your money, it's my money. Oh, but the IRS comes a-calling whenever it's time to take it out. That's tax-deferred accounts. These types of accounts are accounts people have saved money in for years, and they've been very good at growing. But now, here is the hardest part. You're leaving growth phase, transitioning into income phase, and it's time for you to turn this into a stream of income. How do we keep as much of it as we possibly can?