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I am starting a 17 year long 72t plan and am really concerned that I will do something wrong to bust the plan. I did some math and if I bust the plan in year 17 I could owe the IRS $300,000 in penalties & interest. I’m hoping someone with knowledge on 72t’s can confirm that I am doing everything...

Hi, I plan to withdraw all contributions I have made into my Roth IRA. I am not yet 59 1/2 but I have read that as long as the account has been open for at least 5 years there are no penalties or taxes. On the other hand I have also read that contributions can only be withdrawn 5 years after...

I am trying to calculate my potential withdrawals using a (72)t plan and need to know the %120 Federal mid-term rate. From what I found it looks like it’s right at 2%. Can someone confirm this for me? Thanks!

Hi, I have accumulated about $2,000,000 in savings but it is all tied up in retirement accounts. $730k in a 401k and IRA and $1,270,000 in Roth IRAs. I am only 41 and live fairly modestly on 100k per year. I would like to start withdrawing $30-50k to supplement my income and decrease my work...