Substantially equal periodic payments

Substantially equal periodic payments (SEPP) are one of the exceptions in the United States Internal Revenue Code that allows a retiree to receive payments before age 591⁄2 from a retirement plan or deferred annuity without the 10% early distribution penalty under certain circumstances.[1]

  1. ^ Tucker, Scott (23 October 2019). "Retiring Early? Ways to Help Avoid Early Withdrawal Penalties on Retirement Accounts". Kiplinger. Retrieved 10 January 2021.