Hi everyone. Welcome back to the Money Girl Podcast. I'm your host Laura Adams. This is a

weekly show dedicated to helping you master your money by giving you the answers, tools, and resources you need to reach your financial goals.

Today's topic is about a question I received from Glenn. He says,

in one of your podcasts about IRAs, you mention the penalty for taking an early withdrawal

if you're younger than age 59.5. But what if you want to retire early? Is the

72T exception still an option? Thanks for this question, Glenn. I've written in podcast at about 72 T plans before, but it's been a while, so I'm glad that you brought it up. It's something that few people use, but I want to talk about it today because when it comes to your retirement accounts,

you should always have your eyes wide open.

I believe you need to know all your options for accessing your money.

So I'm going to hit the highlights of this little known and oddly named exception that Glenn mentions.

You'll learn this special technique for taking early withdrawals from your retirement

account while avoiding the typical steep penalty.

And if you're like Glenn and have a question that you want me to cover on the show, two of the best

places to reach me are my contact page at Laura D Adams.com and inside my private

Facebook group called dominate your debt.

If you'd like an invitation to join this terrific group,

all you have to do is send me a text message right now.

Text group 400, that's group 400,

that's group 400 to the number 33 444. I hope to see you in the group.

If you're a regular money girl reader or podcast listener,

you know that I strongly recommend using retirement accounts such as IRAs and workplace

plans to save for retirement. The reason is they just come with terrific tax benefits

and legal protections that you're not going to get

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