Can any of you tell me if there are any restrictions on outside earnings while drawing income from an IRA under the rules of 72T.
Example: If I retire at 55 and my income is soley derived from my wife's pension and $45k I withdraw annually from my IRA account under the rules of 72T, can I make money from say a partime job on the side? Are there limitations as to how much I can make on the side?
I know there are limitations once I start drawing SS but I am looking at the seven year bridge until SS.
Example: If I retire at 55 and my income is soley derived from my wife's pension and $45k I withdraw annually from my IRA account under the rules of 72T, can I make money from say a partime job on the side? Are there limitations as to how much I can make on the side?
I know there are limitations once I start drawing SS but I am looking at the seven year bridge until SS.