Hi, I retired and have been using the 72(t) SEPP to withdraw a fixed amount from my IRAs. I decided I am going to go back to work for awhile, though.
Can I contibute to a new IRA this year despite taking money out of the previous IRAs (using the 72(t) SEPP without penalty?
I assume the 5 year (minimum withdrawal) rule would only apply to the two IRAs I have been taking money out of.
Can I contibute to a new IRA this year despite taking money out of the previous IRAs (using the 72(t) SEPP without penalty?
I assume the 5 year (minimum withdrawal) rule would only apply to the two IRAs I have been taking money out of.