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- About Elizabeth0329
About Elizabeth0329
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Thank you again for your research regarding the above information. I am getting a bit nervous about the Rule 72t because of the commitment time of 5 years and the fact that it could get screwed up and then I'll owe alot of penalty taxes. So, I don't ...
0
Replies
0
Kudos
2341
Views
Thank you again, Gail, for all of this great information. To answer some questions for clarity: -- The reason we are considering the Rule 72t is to pay off $80K of credit card debt.-- The type of retirement plans we both have are traditional IRAs. I ...
1
Reply
0
Kudos
2593
Views
HI Gail,We have contacted our Accountant to set up the Rule 72t but he said there were some changes to the rule in 2020. He mentioned a change in March and a change in December. We are praying that these changes wouldn't affect us. Do you have any id...
1
Reply
0
Kudos
2735
Views
Thank you so much Gail for all of this very useful information. I have never heard of the 72t but I have looked into this and it sounds like the best solution for our problem(s). We are going to have a meeting with our Financial Planner to see if we ...
1
Reply
0
Kudos
2858
Views
Wow! That is so nice that you have taken this time to answer my post. I am new to this site. Our goal is to retire at 62 as you have, b/c we currently have 1.1M in our retirement but we are only 55 and cannot access it at this time. My husband's sala...
1
Reply
0
Kudos
2942
Views
Thank you again for your research regarding the above information. I am getting a bit nervous about the Rule 72t because of the commitment time of 5 years and the fact that it could get screwed up and then I'll owe alot of penalty taxes. So, I don't ...
0
Replies
0
Kudos
2341
Views
Thank you again, Gail, for all of this great information. To answer some questions for clarity: -- The reason we are considering the Rule 72t is to pay off $80K of credit card debt.-- The type of retirement plans we both have are traditional IRAs. I ...
1
Reply
0
Kudos
2593
Views
HI Gail,We have contacted our Accountant to set up the Rule 72t but he said there were some changes to the rule in 2020. He mentioned a change in March and a change in December. We are praying that these changes wouldn't affect us. Do you have any id...
1
Reply
0
Kudos
2735
Views
Thank you so much Gail for all of this very useful information. I have never heard of the 72t but I have looked into this and it sounds like the best solution for our problem(s). We are going to have a meeting with our Financial Planner to see if we ...
1
Reply
0
Kudos
2858
Views
Wow! That is so nice that you have taken this time to answer my post. I am new to this site. Our goal is to retire at 62 as you have, b/c we currently have 1.1M in our retirement but we are only 55 and cannot access it at this time. My husband's sala...
1
Reply
0
Kudos
2942
Views
Thank you again for your research regarding the above information. I am getting a bit nervous about the Rule 72t because of the commitment time of 5 years and the fact that it could get screwed up and then I'll owe alot of penalty taxes. So, I don't ...
0
Replies
0
Kudos
2341
Views
Thank you again, Gail, for all of this great information. To answer some questions for clarity: -- The reason we are considering the Rule 72t is to pay off $80K of credit card debt.-- The type of retirement plans we both have are traditional IRAs. I ...
1
Reply
0
Kudos
2593
Views
HI Gail,We have contacted our Accountant to set up the Rule 72t but he said there were some changes to the rule in 2020. He mentioned a change in March and a change in December. We are praying that these changes wouldn't affect us. Do you have any id...
1
Reply
0
Kudos
2735
Views
Thank you so much Gail for all of this very useful information. I have never heard of the 72t but I have looked into this and it sounds like the best solution for our problem(s). We are going to have a meeting with our Financial Planner to see if we ...
1
Reply
0
Kudos
2858
Views
Wow! That is so nice that you have taken this time to answer my post. I am new to this site. Our goal is to retire at 62 as you have, b/c we currently have 1.1M in our retirement but we are only 55 and cannot access it at this time. My husband's sala...
1
Reply
0
Kudos
2942
Views
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| Date Registered | 05-04-2013 09:02 PM |
| Last Visited | |
| Total Messages Posted | 6 |