coins and pens on the paper

Q & A: 72(t) and IRA Accounts

Q: Does 72(t) apply to a Roth IRA or any non-IRA accounts? A: 72(t) distributions are not applicable to a Roth IRA, as the dollars that were originally contributed to the Roth IRA have already been …

72(t) exceptions

72(t) Exceptions Explained

The 72(t) distribution will NOT be subject to the 10% additional early distribution tax in the following circumstances: Age: after participant/IRA owner reaches age 59½ Automatic Enrollment: permissive withdrawals from a plan …