Early Withdrawal Penalty Calculator
Early Withdrawal Penalty Calculator
Enter a withdrawal amount and your estimated tax rate(s) to see the 10% penalty, the tax cost, and what you'd actually receive.
Penalty (10%)
Tax
Total cost
Net received
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Note
A SIMPLE IRA charges 25% instead of 10% if withdrawn within the plan's first two years — see the SIMPLE IRA Withdrawal Calculator. Some exceptions (e.g. the Rule of 55, certain medical or hardship cases, 72(t) SEPP) avoid the penalty entirely but aren't modeled here.
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