72(t) SEPP Calculator
Physical work takes a toll. If your body says "retire" before 59.5, Rule 72(t) lets you access your IRA penalty-free. See how much you can withdraw.
What is your IRA account balance?
Enter the current balance of the IRA you want to take SEPP distributions from
Understanding 72(t) SEPP Distributions
What is 72(t)?
IRS Rule 72(t) allows you to take penalty-free withdrawals from your IRA before age 59½ through Substantially Equal Periodic Payments (SEPP). This is ideal for early retirees who need access to retirement funds.
Which Method to Choose?
RMD: Lowest payments, can vary year to year.
Amortization: Highest fixed payments, most popular.
Annuitization: Fixed payments using annuity factors.
Duration Requirements
You must continue SEPP distributions for the longer of 5 years OR until you reach age 59½. If you're 50, that means 9.5 years. If you're 57, that means 5 years (until age 62).
Modification Penalty
If you modify your SEPP plan (other than the one-time switch to RMD), the IRS will apply a 10% penalty to ALL previous distributions, plus interest. This makes careful planning essential.