The 10 percent early (premature) distribution tax ( Q 3677) does not apply to distributions that are part of a series of substantially equal periodic payments made at least annually for the life or ...

Except in the event of death or disability, a change in payouts after the series has begun generally will constitute a “modification” and will trigger the early distribution penalties discussed in Q ...

There’s usually a 10% early withdrawal penalty if you take money from a traditional retirement account in your 50s or younger, but there are a few exceptions to the penalty. A substantially equal ...

Portions of this article were drafted using an in-house natural language generation platform. The article was reviewed, fact-checked and edited by our editorial staff. Most retirement accounts ...

The SEPP strategy lets IRA owners avoid the early-withdrawal penalty by taking equal payments for at least five years or until the owner turns 59½. Mike D’Andrea knew something was wrong as soon as ...