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Subject:  "Substanially equal withdrawals"??? Date:  12/12/2000  6:29 PM
Author:  ryknow Number:  26566 of 95802

The following statement was posted on the Foolish Workshop board. It was not related to the post, so I thought I would post it here to find out what exactly this means. Can someone please comment on "the rules" mentioned in this statement? TIA for the reply.


BTW, if you're fortunate enough to reach the point of retirement in less than 20 years you can still withdraw money from your IRA without penalty by using the rules for "substantially equal withdrawals based on your life expectancy".

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