A substantially equal periodic payment is a series of retirement account withdrawals that allow account owners to take funds out before age 59 1/2 with no penalty. Taking money out of retirement ...

My wife and I plan to retire before age 59 ½. How many different 72(t)s can a household utilize? For example, if I have two ...

However, the penalty goes away if you take “substantially equal periodic payments” (SEPP, also called the 72(t) exception) or qualify for another more limited exception. Once established ...

Well, if so, it is possible to take money out of your traditional IRA in what's called "substantially equal periodic payments." Here's how it works: The IRS will determine what amount you can ...

Section 72(t)(2)(A)(iv) is where you’ll find information about the exception that allows you to use a series of substantially equal periodic payments (SEPPs) based on life expectancy to withdraw ...