Withdraw IRA Funds PENALTY-FREE Before 59.5 | Rule 72(t)

Access your IRA funds before age 59.5 without penalties using Rule 72(t)! No, your money isn't stuck in that account until you hit retirement age. Nic explains what Substantially Equal Periodic Payments are and how to calculate them using 3 different methods required by the IRS.

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Host:
Nic Daniels, Financial Advisor

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SPONSORS:
 
Guild Mortgage:
https://guildmortgage.com
 
Ataraxis PEO
https://ataraxispeo.com
 
Tree City Advisors of Apollon:
https://www.treecityadvisors.com
 
Apollon Wealth Management:
https://apollonwealthmanagement.com/

Formations:
https://get.formationscorp.com/real-m...
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CHAPTERS:
00:00 - Intro
00:33 - What is Rule 72(t)?
01:37 - How do we calculate the payment?
02:02 - RMD Method
02:48 - Fixed Amortization Method
03:29 - Fixed Annuitization Method
03:57 - Other Rules to Remember
05:14 - Outro