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To: Sunny who wrote (13418)	12/28/1999 6:02:00 PM
From: Uncle Frank	Read Replies (2) \| Respond to of 54805

>> Now my objective is to find a way to get some more money in my taxable accounts rather than IRA's so that i can have independence money. I met with my accountant last week to discuss that very matter. There are several methods for withdrawing IRA money early (before 59 1/2) without penalty, which would be 13% for me (10% federal, 3% state). He's picked a method that will allow me to withdraw up to 8% of this year's closing ira value per year for the next 5 years. Once I pick a number, however, it's locked in stone: no more, no less, or I incur penalties on everything I've withdrawn. Check with your accountant; there are ways to do it. uf

To: Sunny who wrote (13418)	12/28/1999 6:11:00 PM
From: John Carragher	Respond to of 54805

OT early retirement or early ira withdrawal. Been doing it for two years.http://www.geocities.com/WallStreet/8257/ wdraw59.html Here's is a great place to checkout early ira withdrawals. I found it very helpful. Especially the guy who set up the site. He was also mentioned recently in wsj on retirement and in mortly fools retirement data. good luck. John

To: Sunny who wrote (13418)	12/28/1999 7:02:00 PM
From: DownSouth	Respond to of 54805

You have opened up a hot subject for those of us who are looking to retire early. Like UF, I have been researching this subject extensively for a few weeks. A few weeks ago I thought I might need a plan in place in late 2000. Now I need a plan in place next month! Here is required reading for those with "independence money" in their IRA. It covers the subject wonderfully and completely, including the tables necessary for you to evaluate the options in early withdrawal: amazon.com