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If you have been making the substantially equal periodic payments under rule 72T for the minimum of 5 years and you are 59 1/2 years old, you will not be subject to the 10% penalty for any amount you disburse out of your IRA.
If you have been making the substantially equal periodic payments under rule 72T for the minimum of 5 years and you are 59 1/2 years old, you will not be subject to the 10% penalty for any amount you disburse out of your IRA.
A roundabout way of saying, "Don't violate your 72T rules in the last year !!"
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