72(t) Setup Guide
Who Can Setup My 72(t)?
Not everyone can properly setup a 72(t) SEPP plan. Here's what qualifications to look for and what questions to ask.
Feb 15, 2025FREE CONSULT — 72(t) SEPP Setup Specialists — Nationwide
How to Setup a 72(t) Without the 10% IRS Penalty
Under IRS Section 72(t), you can access your IRA or 401(k) before age 59½ — without the 10% early withdrawal penalty — using Substantially Equal Periodic Payments (SEPP). Our specialists handle the setup correctly, so you don't risk a costly IRS mistake.
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A 72(t) SEPP plan lets you access retirement funds before age 59½ — without the 10% IRS penalty. One mistake can trigger retroactive penalties. Learn how it works →
Why Choose Setup72TSetup a 72(t) Without Penalty —
Setup a 72(t) Without Penalty —
But Only If It's Done Right.
A single error in your 72(t) setup — wrong account balance, incorrect interest rate, improper documentation — can trigger the 10% penalty retroactively on every distribution you've ever taken, plus interest.
Our specialists set up 72(t) SEPP plans correctly the first time. We calculate all three IRS-approved methods, select the optimal approach for your income goals, and provide complete documentation that protects you in any audit.
No 10% early withdrawal penalty
Access funds before age 59½
IRS-compliant SEPP calculation
All three methods calculated for you
Complete audit-ready documentation
Ongoing compliance monitoring
Nationwide service via phone & Zoom
Free initial consultation
IRS-Compliant Setup
Every plan is calculated using the exact IRS-approved methods from Revenue Ruling 2002-62. No guesswork, no shortcuts.
Fast Turnaround
Most clients have their plan designed and first distribution scheduled within 2–4 weeks of the initial consultation.
Nationwide Service
We serve clients in all 44 states we're licensed in via phone and Zoom. No local office required.
The Process
How We Setup Your 72(t)
From free consultation to first distribution — most clients complete the entire process in 2–4 weeks.
01
Free Consultation
Schedule a 30-minute call. We review your accounts, calculate your options under all three IRS-approved methods, and show you exactly how much you can access penalty-free.
02
Plan Design
We design your personalized 72(t) SEPP plan — selecting the optimal calculation method, interest rate, and distribution schedule for your income goals.
03
Documentation
We provide complete written documentation of your plan — the calculation methodology, account details, and compliance guidelines — protecting you in any IRS audit.
04
Implementation
We guide you through setting up distributions with your IRA custodian and monitor your plan throughout the required SEPP period for ongoing compliance.
Free Consultation
Get a Free 72(t) Setup Consultation
Find out how much penalty-free income you could access from your retirement accounts. Schedule a complimentary, no-obligation consultation with a 72(t) setup specialist.
Client Results
What Our Clients Say
4.9/5 from 200+ clients nationwide
"I had no idea I could access my IRA before 59½ without a penalty. The team walked me through every option and had my plan set up in under three weeks. I'm now receiving $2,800/month penalty-free."
Robert M.
Phoenix, AZ · Age 54
"I tried to figure out the 72(t) rules on my own and got completely lost. These specialists made it simple — they calculated all three methods, explained the pros and cons, and handled all the documentation."
Sandra K.
Nashville, TN · Age 57
"After my company downsized, I needed income from my 401(k) but didn't want to pay the penalty. Setup72T helped me roll it to an IRA and setup the SEPP plan. Couldn't be happier with the service."
James T.
Denver, CO · Age 52
Common Questions
72(t) Setup FAQ
What is a 72(t) SEPP plan?
A 72(t) SEPP (Substantially Equal Periodic Payments) plan is an IRS provision under IRC Section 72(t)(2)(A)(iv) that allows you to take early distributions from your retirement account without the 10% penalty, as long as you follow specific rules about the amount and frequency of distributions.
Who can setup a 72(t) for me?
A licensed financial advisor or planner with specific 72(t) experience can setup your plan. Look for FINRA-registered professionals who specialize in SEPP plans — not just generalist advisors who handle them occasionally.
How much can I withdraw with a 72(t)?
The amount depends on your account balance, age, and which of the three IRS-approved calculation methods you use. Use our calculator for an estimate, or schedule a free consultation for exact numbers.
How long does a 72(t) plan last?
You must continue distributions for at least 5 years OR until you reach age 59½ — whichever is longer. If you start at age 57, you must continue until age 62 (not just 59½).
Get Started Today
Setup Your 72(t) Correctly — Free Consultation
Schedule a free 30-minute consultation. We'll calculate your exact distribution options under all three IRS-approved methods and show you how to access your retirement funds — penalty-free.
Nationwide Coverage
Setup a 72(t) in Your State
We help clients in all 44 licensed states access retirement funds early — via phone and Zoom.
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Resources
View All Articles 72(t) Setup Guides
72(t) How-To
How to Setup a 72(t) SEPP Plan: Step-by-Step
A complete step-by-step guide to setting up a 72(t) SEPP plan — from calculating distributions to staying compliant.
Jan 20, 202572(t) Compliance
7 Critical 72(t) Setup Mistakes
A single mistake can trigger the 10% penalty retroactively. Here are the 7 most common setup errors and how to avoid them.
Feb 1, 2025