72(t) SEPP's

[LeatherneckPA]

Has anybody here set up their own SEPP plan under Rule 72(t)?

Does anybody have a recommendation for a company that can assist in doing so for a reasonable fee?

 

[stargazer08]

DH and I did quite a bit of research on this and were going to try and wing it ourselves. We have chickened out and hired a CPA from Kemper to do our plan. When we get the final bill, I'll let you know how much we paid. We were told $50/hr.

 

[CyclingInvestor]

I am doing my own 72t from my IRA at Schwab. I am using the 'easy'
method (annual recalculation). I just check my December statement to
get my official Dec 31 balance, divide that by this years divisor (34.2,
since I will turn 50 this year), and transfer that much from my IRA account
to my regular stock account. That is all there is to it.

 

[frayne]

Didn't set mine up exactly but did the math and had Fido run the numbers for me as a sanity check.

 

[LeatherneckPA]

frayne, Fido

 

[gindie]

frayne, Fido

Short for "Fidelity"

 

[cute fuzzy bunny]

Retire Early: Can I withdraw money from my IRA before age 59½ ?