Substantially Equal Periodic Payments Calculator
Substantially Equal Periodic Payments Calculator . The second series of payments must begin in a calendar year subsequent to the establishment of the existing sepp. The rules for sepps are set out in code section 72(t) (for retirement. Company Retirement Plans Archives Above the Canopy from abovethecanopy.us Updated on june 14, 2022. The internal revenue code sections 72 (t) and 72 (q) allow for penalty free early withdrawals from retirement accounts. You’ll be charged a 10% penalty for taking it out before the age of 59 1/2.