We have done it MANY times! The IRS has a rule called a 72T, substantially equally periodic payments. By using IRS's rule 72(t), it ELIMINATES the 10% early withdrawal penalty normally due for withdrawals prior to age 59/12.
Durham: Annual Weather Averages. July is the hottest month in Durham with an average temperature of 15Â°C (59Â°F) and the coldest is January at 3Â°C (38Â°F) with the most daily sunshine hours at 6 in August. The wettest month is August with an average of 57.6mm of rain.
The Durham area includes Chapel Hill, so on the surface, the two major cities in the area are both college towns â Durham is home to Duke University, while Chapel Hill is home to the University of North Carolina.