IRS Increases 72(t) Payment Interest Rates

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The IRS issued Notice 2022-6 in January. It increases the interest rates taxpayers can use to compute a Section 72(t) series of substantially equal periodic payments. This is good news for early retirees with large balances in traditional retirement accounts such as 401(k)s and IRAs.

This video, the show notes, and any comments are for educational purposes only. They do not constitute tax, legal, financial, and/or investment advice for any person. Consult with your own advisors regarding your own matters.
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Great info, thank you! We've been considering SEPP payments for sometime. Is there a calculator that helps you determine whether or not you might run out of money?

pacificHO
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Yeah, that '120% of the federal midterm rate' is too low to be helpful probably for most. Better off to do some kind of Roth ladder, but you'll need to plan ahead.

DanKulibert