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Minimum interest rate?

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Last Updated On
ByBurtC

L1: Minimum interest rate?If I want a lower payment amount, how low can I set the interest rate? Is 0.0% acceptable? I wouldn”t actually use that, but would like to know how flexible it can be.
Doing this, I can achieve my required cash flow, without having to splitone of myIRAs in two parts.I already have 4 IRAs (traditional various rollovers) and don”t need more separate accounts to manage if I can avoid it.2004-05-31 02:02, By: BurtC, IP: [68.96.91.127]

L2: Minimum interest rate?Any rate (including zero), below the maximum is ok. However, you would probably be better off using the maximum rate and only allocating to the SEPP the amount needed to produce your desired income level – check out our reverse calculator in the left menu.
The balance notrequired could then be used for emergencies, etc.2004-05-31 06:06, By: Gfw, IP: [172.16.1.74]

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