Retiring before age 59 ½ sounds like an absolute dream, but dealing with the IRS 10% early withdrawal penalty can quickly turn that dream into a nightmare. If you want to leave the workforce early, can an annuity actually help you bridge the income gap?

In this video, Shawn Plummer from The Annuity Expert gives you the straight answer: Yes, but it depends entirely on the type of annuity and how you structure your withdrawals!

Shawn breaks down the exact IRS tax codes you need to know. He explains how to use a 72(t) distribution for your tax-deferred accounts (like an IRA or 401k rollover) and a 72(q) distribution for your non-qualified annuities to pull income early without getting hit with the 10% penalty. Finally, he shares an incredible wealth-hack for highly successful early retirees: pairing a non-qualified SPIA with a Term Life  ...