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http://boards.fool.com/ira-early-withdrawals-10433403.aspx
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| Subject: IRA Early Withdrawals | Date: 11/26/1998 12:47 AM | |
| Author: wisefool2 | Number: 6779 of 72265 | |
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I am interested in better understanding the process for making a withdrawal prior to age 59 1/2 without incurring the 10% penalty by setting up a constant annual withdrawal stream. Can anyone enlighten me on how this process works and is it irreversible? (ie- once you establish it that's it!). Also, what happens if your portfolio appreciates more than what you established the annual payment stream at? How much flexibility is there in this process? |
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