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Beginning year disbursement required

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ByTouchmannn

L1: Beginning year disbursement requiredI’m thinking of starting an amortization disbursement this April. I have determined what i believe is an acceptable yearly amount. WIll i have to take that amount the first year even though i’m starting in April? Is the first years disbursement divided by the remaining months, or should i just start taking monthly disbursements until i have fullfilled the required amount of time.2002-03-07 14:05, By: Touchmannn, IP: [127.0.0.1]
L2: RE: Beginning year disbursement requiredDepends on the terms of the plan that you will be setting up. If the plan calls for annual payments, then take the annual payment each April. If the plan calls for monthly payments, take one payment (annual/12) each month.2002-03-07 14:10, By: Gfw, IP: [127.0.0.1]

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