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72t interest rate

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Byretiree

L1: 72t interest rateWhat is the current rate (120% of the Fed Mid Term rate)that I can use to initiate my 72t distribution this month (3-2005)? Thanks.2005-03-14 00:12, By: retiree, IP: [63.202.81.91]
L2: 72t interest rate4.6%2005-03-14 16:13, By: QT, IP: [4.8.196.141]

L2: 72t interest rate”The interest rate that may be used is any interest rate that is not more than 120 percent of the federal mid-term rate for either of the two months immediately preceding the month in which the distribution begins”
For March wouldn’t that be 4.53% max.?2005-03-14 17:14, By: jjarla, IP: [68.252.184.182]

L2: 72t interest rateIf you start your SEPP in March and want the maximum rate , you would have the choice of the interest rate for either January or February, 2005.
The max of those two months is 4.60%
2005-03-14 19:11, By: GRT, IP: [24.145.164.87]

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