72t Annuity
Question: can you take a 72t distribution with an annuity?
Answer: Yes, as long as distributions are Substantially Equal Periodic Payments, continue for time period specified in IRS pubs. Income will be taxable but no penalty.
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- Bankers do it with interest (penalty for early withdrawal). 9:17 am DemienSixxUK (DemienSixxUK)
- ABQJournal Online » Early-withdrawal IRA penalty will apply: Albuquerque and New Mexico State and Local News, Br... http://t.co/C267nExp 4:14 am ASWealth (Ahrens Sura)
- Letter: Recent attacks in Iraq can be traced to early withdrawal of U.S. - Baltimore Sun http://t.co/2ojapBrQ #Iraq 1:37 am IraqMonitor (Iraq Monitor)
- Letter: Recent attacks in Iraq can be traced to early withdrawal of U.S. – Baltimore Sun: Letter: Recent attacks... http://t.co/Ix8egWan 10:48 pm IraqObserver (IRAQ OBSERVER)
- I wonder if you lose interest with early withdrawal. (@ Eastern Federal Bank) http://t.co/XsOWu5rs 1:49 pm Farmstrong27 (Rich Campbell Jr)
- RT @CarisCloset: In #sex as in banking there is substantial penalty for early withdrawal #AdultHumor 2:12 am sue_zimmermann (SuzyQ)
- In #sex as in banking there is substantial penalty for early withdrawal #AdultHumor 2:00 am CarisCloset (Cari's Closet)
- That is along the lines of the dreaded penalty for early withdrawal... (you bankers will get that) 12:09 am 1977comic (Byron Wilkins)
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