Somehow I withdrew $12 too much (1/10th of 1%) from one of my IRAs using 72(t) SEPP rule. Too late to change. First year to do this.
1. I could call it a non-SEPP early withdrawal this year and pay a penalty, start again next year.
2. Keep taking out same amount, $12 error each year
3. Use correct withdrawal for the next 4 years I plan to be under the plan.
I'm took out the max I can take out at the max interest rate (3.69%). And a couple of weeks too late to correct the error with the custodian...for those two withdrawals
I can call the IRS, but wondering what best plan of action beyond this.
1. I could call it a non-SEPP early withdrawal this year and pay a penalty, start again next year.
2. Keep taking out same amount, $12 error each year
3. Use correct withdrawal for the next 4 years I plan to be under the plan.
I'm took out the max I can take out at the max interest rate (3.69%). And a couple of weeks too late to correct the error with the custodian...for those two withdrawals
I can call the IRS, but wondering what best plan of action beyond this.
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