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Account Balance for Periodic Payments
Old 08-04-2002, 04:01 PM   #1
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Account Balance for Periodic Payments

I am looking at the calculation for "SEPP" from my various retirement accounts. I currently have a traditional IRA, a Roth IRA and a 401(k) from my former employer.
When I calculate the amount of the periodic payment, can I combine the value of all accounts to determine the annual payment?
My plan would be just to withdraw the funds from the traditional IRA, but would like to use all accounts to get a little higher amount.
Does anybody have any info on this?

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Re: Account Balance for Periodic Payments
Old 08-04-2002, 04:25 PM   #2 Founder
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Re: Account Balance for Periodic Payments

The short answer is yes -- you can define a set of accounts for your SEPP at the outset, and then withdraw from whichever account(s) you choose at the time the withdrawals are made.

Look at Report #003 at -- it costs $30 I think, but it was the best $30 I ever spent. ALL the ins and outs of SEPPs -- you'll know more than any of your advisors!

Often uninformed, seldom undecided.

Twenty years from now you will be more disappointed by the things you didn't do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover. Mark Twain
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