Distributions prior to age 59% are generally subject to the early withdrawal penalty. However, there is an exception for substantially equal periodic payments. Which of the following is correct? Each of the three methods will produce a payment that is similar in terms of the amount of the payment Each of the three methods to calculate the payment results in a payment that remains constant for the term of the substantially equal periodic payments Taxpayers are not permitted to change from one method of calculating substantially equal periodic payments to another method Substantially equal periodic payments must continue for at least five years Distributions prior to age 59% are generally subject to the early withdrawal penalty. However, there is an exception for substantially equal periodic payments. Which of the following is correct? Each of the three methods will produce a payment that is similar in terms of the amount of the payment Each of the three methods to calculate the payment results in a payment that remains constant for the term of the substantially equal periodic payments Taxpayers are not permitted to change from one method of calculating substantially equal periodic payments to another method Substantially equal periodic payments must continue for at least five years