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Hi all,

Can one take early distributions from an IRA without changing anything regarding the IRA itself?

For example, at age 53, one decides to retire with $2,000,000 in the IRA. Can one take a portion out for living expenses (I'm guessing one definitely needs to take 10% more than one needs due to early-withdrawal penalties) and leave the rest in the tax-protected IRA?

I guess I am looking to see if you can withdraw before age 59.5 without terminating the IRA.

Thanks in advance!
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