Account balance

L1: Account balanceI have a company 401K and plan to roll a retirement lump sum into it in June, 2002. I will then roll (convert) out all assets from the company 401k into a newly established “rollover IRA” (a Fidelity company plan to a Fidelity retail plan. I plan to begin distributions in August, 2002. My question is what plan balance will be used? The company 401k as of 12/31/2001 or the new rollover plan as of 6/2002? For explanatory purposes, assume these events/values:1) – $50 in the company 401k as of 21/31/01.2) – a $50 lump sum rollover added 6/01/02. (bringing total 401k to $100).3) – the company 401k ($100) rolled over to the new IRA on 6/30/02. 4) – establish SEPP (based on what balance???) and begin distributions on 8/01/02.Sorry about the lengthy question…Thanks in advance,Lyle2002-02-08 12:03, By: lyle, IP: [127.0.0.1]
L2: RE: Account balanceYou provided a lot of information, but not the esential part! When the plan is reduced to writing, what date will the plan use to determine the payments?If it were me it would be the balance at the end of the previous month.2002-02-08 12:22, By: Gfw, IP: [127.0.0.1]