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split IRAs

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Last Updated On
Byjohn

L1: split ira,sOn 12/31/01 my pension balance was 400k. I have rolled that into an ira with my brokerage and split it into 2 seperate ira,s of 200k each. Can I begin drawing on only one of those ira,s now using a 72t withdrawl calc. – thanks- John2002-03-26 22:10, By: john, IP: [127.0.0.1]
L2: RE: split ira,sYou can establish your SEPP plan using only one of the accounts. You should then treat them as two seperate accounts and all SEPP transactions should only involve the account initially used to establish the plan.2002-03-27 04:47, By: Gfw, IP: [127.0.0.1]

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