72(t) Calculator: Early withdrawals from retirement accounts

The Internal Revenue Code sections 72(t) and 72(q) allow for penalty free early withdrawals from retirement accounts. These sections allow you to begin receiving money from your retirement accounts before you turn age 59½ without the normal 10% premature distribution penalty. Use this calculator to determine your allowable 72(t)/(q) Distribution and how it can help fund your early retirement. The IRS rules regarding 72(t)/(q) Distributions are complex. Please consult a qualified professional when making decisions about your personal finances. Please note that your financial institution may or may not support all the methods displayed via this calculator.