A 50-year-old man used an obscure IRS rule to withdraw $20,000 a year from his retirement savings – without any penalty. here’s how

When Eric Cooper, a 50-year-old pre-retiree, had to draw on his retirement savings before the age of 59 and a half, he faced heavy penalties.

But he found a way around this problem by using an obscure IRS rule known as Section 72

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