In this episode: taxable accounts, the 72(T), inherited retirement accounts, 457B's, roth conversion ladders, and the rule of 55. This week we are joined by the “FI Tax Guy” Sean Mullaney to walk through examples and discuss some strategies you could use when accessing your retirement funds early. No matter where you are on your FI journey, there can come a time where retiring early becomes a feasible option, but there can be many stipulations and tax implications that come with withdrawing your funds before the age of retirement. Tune in as we discuss several different options you can pursue in order access your money without having to wait until the 59 and a half year old threshold. The discussion is intended to be for general educational purposes and is not tax, legal, or investment advice for any individual. Brad and the ChooseFI podcast do not endorse Sean Mullaney, Mullaney Financial & Tax, Inc. and their services. Sean Mullaney:    Website: fitaxguy.com  Website: Mullaney Financial and Tax  Twitter: @SeanMoneyandTax  YouTube: @SeanMullaneyVideos    FIRE in Vegas:   Join Brad Barrett from ChooseFI, the Donegans from Rebel Finance School and other FI enthusiasts for a weekend of inspiration, education and fun in Sin City.  Timestamps:    0:47 - Introduction  3:39 - Taxable Accounts  19:03 - Inherited Retirement Accounts  25:30 - The Rule of 55  28:39 - 457B's  30:46 - Roth IRA Conversion Ladder  39:12 - The 72(T)  54:52 - Paying the Penalty  57:25 - Conclusion  Resources Mentioned In Today’s Episode:     Mailbag: Inflation and FI, ACA Subsidies, Roth vs. Trad and More | Cody Garrett | ChooseFI Ep 471  The Roth IRA Conversion Ladder | A Case Study | ChooseFI Ep 17R  Roth IRA Conversion Ladder Case Study | ChooseFI Ep 163R  Retire On 72(T) Payments  72(t) Payments in Google Sheets  Subscribe to The FI Weekly!  More Helpful Links and FI Resources:  Top 10 Recommended Travel Rewards Credit Cards Empower: Free Dashboard to Track Your Finances CIT Bank Platinum Savings Account M1 Finance: Commission-Free Investing, 1-click rebalancing CashFreely: Maximize Your Cash Back Rewards Travel Freely: Track all your rewards cards and points Emergency Binder: For Your Family’s Essential Info (code ‘CHOOSEFI’ for 20% off) Student Loan Planner: Custom Consult (with $100 Discount)

475 | How to Access Your Retirement Accounts Before 59.5 | Sean Mullaney

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