re: IRS. Will they allow me to take these multiple distributions without charging me the 10% fee for the subsequent distributions (in years 2, 3, 4, and so on...)
As an exemption to the 10% early distribution penalty, section 72(t)(2)(C) simply says:
(C)Payments to alternate payees pursuant to qualified domestic relations orders
Any distribution to an alternate payee pursuant to a qualified domestic relations order (within the meaning of section 414(p)(1)).
Note the phrase "any distribution."
https://www.law.cornell.edu/uscode/text/26/72
