IRS Guideline about SEPP/72t Rates. Minimum 5% safe harbor now?

[rantk81]

https://www.cnbc.com/2022/03/03/new-irs-rule-offers-higher-penalty-free-withdrawals-for-early-retirees.html

Apologies if this was posted before. I didn't see it mentioned here yet, and this is potentially a big deal for a lot of people planning to retire early, but have a lot of their funds tied up in tax-deferred accounts!

While the IRS previously capped interest to match the previous two months’ federal mid-term rates, you can now use a higher rate of 5%, according to new guidance, significantly boosting payments.

[rantk81]

https://forum.mrmoneymustache.com/welcome-to-the-forum/sepp-72t-updated-much-better-now/

Ahh thanks.  I honestly did try to find an existing forum post first... I guess the search wasn't very useful, or I didn't pick good search-words....