Rule 72(t)

Business, Legal & Accounting Glossary

Definition: Rule 72(t)

Rule 72(t)

Full Definition of Rule 72(t)

A rule that allows an individual to withdraw funds from an IRA before age fifty-nine and a half without paying a penalty. Under this rule, funds must be withdrawn in equal amounts at regular intervals. The withdrawals must continue for a period of five years or until an individual reaches age fifty-nine and a half, whichever comes later.

Cite Term

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Page URL
Modern Language Association (MLA):
Rule 72(t). Payroll & Accounting Heaven Ltd.
December 01, 2022
Chicago Manual of Style (CMS):
Rule 72(t). Payroll & Accounting Heaven Ltd. (accessed: December 01, 2022).
American Psychological Association (APA):
Rule 72(t). Retrieved December 01, 2022
, from website:

Definition Sources

Definitions for Rule 72(t) are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 16th November, 2021 | 0 Views.