One of three processes by which early retirees of any age can get their retirement funds without penalty before turning 50.5. The fixed amortization method amortizes the retiree"s account balance over their remaining life expectancy as estimated by IRS tables at a rate of interest that"s not more than 120% of the national midterm rate. It can"t be altered after the withdrawal amount is calculated. Both other means of early, fee-free retirement withdrawals will be the necessary minimum distribution system as well as the fixed annuitization strategy. Each process can lead to distribution quantities that are rather distinct. The fixed amortization approach runs the danger of not keeping up with inflation and can generate higher payments in relation to the required minimum distribution process, but calls for complicated computations.