{
  "$schema": "https://json-schema.org/draft/2020-12/schema",
  "$id": "https://askcalculators.com/calculator/72t-calculator/schema.json",
  "title": "72(t) Calculator inputs",
  "description": "Calculate Substantially Equal Periodic Payments (SEPP) to avoid early withdrawal penalties from IRAs.",
  "type": "object",
  "properties": {
    "balance": {
      "title": "Account Balance",
      "type": "number",
      "default": 500000
    },
    "age": {
      "title": "Age",
      "type": "number",
      "default": 50
    },
    "rate": {
      "title": "Reasonable Interest Rate",
      "type": "number",
      "default": 5
    }
  },
  "required": [],
  "additionalProperties": false,
  "x-askcalculators": {
    "version": "7.0.0",
    "calculatorUrl": "https://askcalculators.com/calculator/72t-calculator/",
    "queryExample": "https://askcalculators.com/calculator/72t-calculator/?balance=500000&age=50&rate=5",
    "migrationStatus": "migrated",
    "reviewStatus": "pending",
    "pageStatus": "live",
    "workStatus": "pending",
    "migratedDate": "2026-08-18",
    "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."
    },
    "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."
    },
    "outputs": {
      "result": {
        "title": "Result",
        "type": "string",
        "x-format": "text",
        "x-primary": true
      }
    }
  }
}