Princeton Asset

Tag: IRA

  • Understanding 72(t) SoSEPP Distributions

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    For many investors, tapping retirement funds before age 59½ normally means a 10% early withdrawal penalty. But the IRS provides us with an exception: Sequence Of Substantially Equal Periodic Payments (SoSEPPs) under IRC §72(t). If you follow the rules carefully, you can set up penalty-free withdrawals before age 59½. This post explains who can use…

  • IRA to ROTH conversion: The Basics

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    Roth conversions are often used as a retirement tax planning tool. They offer the opportunity to pay taxes now — often at a lower rate — in exchange for tax-free withdrawals later in life. In this post, we’ll walk through the standard, conventional guidance for when and why to convert funds from a traditional IRA…