Do you want to retire early and access your retirement funds, but you are terrified of the IRS hitting you with a 10% early withdrawal penalty because you are under age 59 ½?

In this video, Shawn Plummer from The Annuity Expert explains exactly how you can use an IRS 72(t) distribution with your annuity to access your money completely penalty-free! Shawn breaks down the exact rules of a 72(t)—explaining why you must take fixed distributions for 5 years or until you hit age 59 ½ (whichever comes later).

He also reveals a brilliant strategy for early retirees: How to take your required 72(t) distributions to cover your immediate living expenses, while simultaneously letting a Guaranteed Lifetime Income Rider grow in the background. Once your 72(t) obligation is finished, you can flip the switch on your income rider for a massive, perman ...