TravelingOtto
Confused about dryer sheets
- Joined
- Jan 2, 2023
- Messages
- 1
Hi all. So I’m new at the whole 72t withdrawal deal. Earlier this year, I dove into the IRS publication data and did the calculation for 72t for one of my IRAs and took out the appropriate amount in order to avoid the 10% penalty. A couple of days ago, just before year end, I took money out of that same account to move to a Roth (I’m in year three of building out a Roth ladder). I realize now that I should have kept that money I intended to report as 72t this year pristine and withdrawn money for my Roth ladder from a different account. Does anyone know if there is a way to fix this or am I just stuck paying the early withdrawal penalty for this year and attempting to restart the 72t using new calculations for 2023?