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Old 06-09-2010, 02:06 AM   #21
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Originally Posted by MasterBlaster View Post
What's significant about age 59.5 ? If you are concerned about penalty-free IRA withdrawals, then learn about and consider 72-t (tax free) IRA withdrawals. That just may be an attractive option for you.
72-t is penalty free, not tax free (i.e. any 72-t WD is treated as regular income for tax purposes)

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Old 06-09-2010, 08:03 AM   #22
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72-t is penalty free, not tax free (i.e. any 72-t WD is treated as regular income for tax purposes)
You are so right. The second part of the post is indeed incorrect. Thanks for pointing that out.

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