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72(t) information
Old 03-09-2006, 02:13 PM   #1
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72(t) information

Hi - thanks to all who had responded to my earlier questions about the 72(t) rules. I did some more digging and here's URL to a really useful article. It's a bit dated (january 2000), but i'm hoping that any other more recent IRS Letter rulings would be favorable (read 'progressive'), as opposed to contradicting the ones mentioned in the article.
rrspike
http://www.bpickercpa.com/articles/iraannuitize.htm
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Re: 72(t) information
Old 03-09-2006, 04:08 PM   #2
 
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Re: 72(t) information

Is there a site where you can plug in your age and totals and it gives you the estimated payment amounts?
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Re: 72(t) information
Old 03-09-2006, 04:33 PM   #3
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Re: 72(t) information

I hope this site will help:

http://www.dinkytown.net/java/Retire72T.html
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Re: 72(t) information
Old 03-10-2006, 09:57 AM   #4
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Re: 72(t) information

Quote:
Originally Posted by Theresa
nice. thanks. this rolls a number of other calculators i have seen into a single presentation.
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Re: 72(t) information
Old 03-10-2006, 02:45 PM   #5
 
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Re: 72(t) information

Thanks, Theresa!

I figure the best time to start taking SEPP's is when you are 54.5 years old, since you have to take them for 5 years or until 59.5, whichever is longer. Wow, that's only two years away for me!

I figure that when I'm 54.5 I'll calculate whether I can make it to 59.5 with just my taxable accounts. If not, I'll start the SEPP's then.

But I haven't really thought this through. Has anyone else evaluated the different options?
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