72(t) Calculator

72(t) Calculator

Determine your allowable penalty-free 72(t) early withdrawals.

What This Number Means

Your allowable withdrawal is only one part of the decision. Before you commit to this schedule, consider:

  • The maximum penalty-free early withdrawal you can take

  • Which 72(t) distribution method applies to your situation

  • The five-year or age-59½ commitment this method requires

  • How early withdrawals affect your long-term balance

  • Whether an early withdrawal is truly your best option

How to Use This Calculator

1

Enter your account balance: Input your retirement account balance.

2

Add your age: Enter your current age, since it affects the calculation method.

3

Choose a distribution method: Select the 72(t) calculation method to apply.

4

Review your allowable withdrawal: See your penalty-free early withdrawal amount.

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