Our Specialty is 72(t)

Welcome to 72(t) Professor, powered by The Spivak Financial Group. With over 500+ clients nationwide and 30+ years of experience, we specialize in 72(t) penalty-free income planning. We handle the process from beginning to end so you can have the peace of mind of having your penalty-free income without the worry of getting in trouble with the Internal Revenue Service.

What You Need to Know About 72(t) SEPP

What is 72(t) SEPP?

IRS Rule 72(t) allows penalty-free withdrawals from IRA accounts and other qualified retirement accounts like 401(k) and 403(b) plans. A properly structured 72(t) Series of Equal Periodic Payments (SEPP) allows you to take income from your account without incurring a 10% early withdrawal penalty normally imposed if you take distributions before age 59½.

How Are Payments Calculated?

Distributions must be taken for the longer of 5 years or until age 59½ . The amount you must withdraw is determined using one of three methods.

Life Expectancy
(RMD Method)

Calculated by dividing your account balance by your life expectancy. The distribution amount is recalculated each year, so your withdrawals fluctuate.

Amortization

Calculated using your life expectancy, account balance and an interest rate to determine the distribution from your IRA. The distribution amount remains the same each year.

Annuitization

Calculated by dividing your account balance by an annuity factor based on your life expectancy and an assumed interest rate. Your distribution amount remains the same each year.

MEET THE EXPERTS

We offer a consultation.

Would you like a personalized income estimate of what your 401(k), TSP, 403(b), 457 plan or IRA can generate penalty-free using IRS Rule 72(t)?

Complimentary.
No Risk.
No Obligations.

This is not a DIY project. We handle the process from A-Z. We make it simple to work with the experienced 72(t) Professor Team, powered by The Spivak Financial Group.

Schedule a Complimentary Consultation

See if this approach is right for you. If so, we prepare a custom analysis for you.

Set Up

Establish an IRA with a 72(t)-friendly custodian. We certify the calculation. We manage your account. We handle all of the paperwork.

Penalty-Free Income

Start receiving your 72(t) Series of Equal Periodic Payments. We keep you off the IRS’ mailing list.

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