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Question on Calculator Fields

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Last Updated On
Bytheoldwizard

L1: Question on Calculator FieldsWith luck, I should be able to retire at the ripe old age of 53.5 in a few years ! I will have a regular pension, as well as my 401k. I’m just learning about SEPP so please excuse these questions that I could not find answers to in the FAQ.
Please explain the following fields in the 72t Calculator:

Reasonable Investment Rate
Actual Interest Rate
IRS Penalty Interest Rate

Thanks for a great web site !2004-12-21 17:38, By: theoldwizard, IP: [24.145.177.8]

L2: Question on Calculator FieldsThere is a button on the calculator page called HELP. Pressing that button will give you a definition for all of the input fields. Example…
Reasonable Interest Rate: Enter an interest rate that will be reasonable when the first payment is made for methods number two and three.

Post 12/31/2002 – For any SEPP plan funded with tax qualified money like an IRA, 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.2004-12-22 05:22, By: Gfw, IP: [172.16.1.79]

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