{
  "id": "72t-calculator",
  "version": "7.0.0",
  "name": "72(t) Calculator",
  "shortName": "72(t)",
  "description": "Calculate Substantially Equal Periodic Payments (SEPP) to avoid early withdrawal penalties from IRAs.",
  "category": "Finance",
  "categorySlug": "finance",
  "keywords": [
    "72t"
  ],
  "status": "live",
  "workStatus": "pending",
  "reviewStatus": "pending",
  "migrationStatus": "migrated",
  "migratedDate": "2026-08-18",
  "engine": "legacy-react",
  "creator": null,
  "reviewer": null,
  "quality": {
    "availability": "live",
    "technicalReviewRecord": "/reviews/72t-calculator.json",
    "qualifiedReview": "pending",
    "qualifiedReviewer": null,
    "qualifiedReviewDate": null,
    "formulaVersion": "7.0.0",
    "referenceCoverage": "references-listed",
    "releaseTestScope": "Catalog and regression checks are not a professional formula audit; consult release evidence.",
    "historicalMetadataDate": "2026-08-18",
    "historicalMetadataNotice": "The imported date is not evidence of a completed human review."
  },
  "notice": "SEPP errors can trigger tax consequences. Obtain professional review before acting.",
  "urls": {
    "page": "/calculator/72t-calculator/",
    "definition": "/calculator/72t-calculator/definition.json",
    "schema": "/calculator/72t-calculator/schema.json",
    "llms": "/calculator/72t-calculator/llms.txt",
    "legacyDefinition": "/calculator/72t-calculator.json"
  },
  "queryExample": "https://askcalculators.com/calculator/72t-calculator/?balance=500000&age=50&rate=5",
  "queryParameters": {
    "balance": {
      "label": "Account Balance",
      "type": "number",
      "required": false,
      "default": 500000
    },
    "age": {
      "label": "Age",
      "type": "number",
      "required": false,
      "default": 50
    },
    "rate": {
      "label": "Reasonable Interest Rate",
      "type": "number",
      "required": false,
      "default": 5
    }
  },
  "inputs": [
    {
      "id": "balance",
      "label": "Account Balance",
      "type": "number",
      "defaultValue": 500000
    },
    {
      "id": "age",
      "label": "Age",
      "type": "number",
      "defaultValue": 50
    },
    {
      "id": "rate",
      "label": "Reasonable Interest Rate",
      "type": "number",
      "defaultValue": 5
    }
  ],
  "outputs": [
    {
      "id": "result",
      "label": "Result",
      "format": "text",
      "primary": true
    }
  ],
  "formula": {
    "expression": "RMD method = account balance ÷ Single Life Expectancy factor; fixed-amortization method = balance × r ÷ [1 − (1+r)^(−life expectancy)].",
    "note": "Displays first-year estimates for two methods. A qualified tax professional should review any SEPP plan before distributions begin."
  },
  "examples": [
    {
      "label": "Reproducible default-input example (not a personal recommendation)",
      "inputs": {
        "balance": 500000,
        "age": 50,
        "rate": 5
      }
    }
  ],
  "sources": [
    {
      "label": "IRS Notice 2022-6 overview",
      "url": "https://www.irs.gov/irb/2022-05_IRB#NOT-2022-6"
    },
    {
      "label": "IRS Publication 590-B",
      "url": "https://www.irs.gov/publications/p590b"
    }
  ]
}