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  2. Substantially Equal Periodic Payments (SEPP), explained - AOL

    www.aol.com/finance/substantially-equal-periodic...

    This strategy is not a free ride: you’ll still be responsible for any income taxes on the payments, just not the additional 10 percent penalty that typically applies to withdrawals for ...

  3. Substantially equal periodic payments - Wikipedia

    en.wikipedia.org/wiki/Substantially_equal...

    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 59 1 ⁄ 2 from a retirement plan or deferred annuity without the 10% early distribution penalty under certain circumstances.

  4. What are pension annuities? - AOL

    www.aol.com/finance/pension-annuities-163602841.html

    The payout amount of a retail annuity purchased with pension funds depends on multiple factors, including: Your purchase amount : The larger your initial contribution, the higher your monthly ...

  5. Lump sum payout vs. annuity from a pension: How to decide - AOL

    www.aol.com/finance/lump-sum-payout-vs-annuity...

    If you’re under 59½, you may also face a 10 percent early withdrawal penalty. With an annuity, you’ll pay income taxes each year on the amount you receive.

  6. How are annuities taxed? 3 things you need to know - AOL

    www.aol.com/finance/annuities-taxed-3-things...

    The annuity company will report the exact taxable amounts to you annually on Form 1099-R. 3. You can exchange annuities tax-free. Annuity owners can switch annuities tax-free to another annuity of ...

  7. Income annuities: What are they and how do they work? - AOL

    www.aol.com/finance/income-annuities-192155451.html

    Single-premium immediate annuity (SPIA): SPIAs are the most common type of income annuity. You pay a lump sum upfront, and the annuity company starts making payments to you shortly after that ...

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