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The combined cash out and withdrawal limit for ATMs and EFTPOS is $1,000 per day per card.
Once you reach that magic age, you can take out as much money as you want, in a lump sum or periodic payments, all subject to specific tax rules. Equal Payments One way to withdraw money from a traditional IRA early without the tax penalty is to take substantially equal periodic payments. This is a withdrawal plan that draws out a certain percentage of your contributions each year, based on an IRS formula for the amount in your fund and your life expectancy.