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Recalculation of 72(t) payments based on account b

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ByRay

L1: Recalculation of 72(t) payments based on account bI was really glad to see that you can elect to recalulate payments based on updated account balance. (Per the Q&A section) This should prevent the possiblity of running out of funds to make the required plan distribution.

Shouldn’t this be an option on the “72(t) Sample Form”?

Thanks for a great site,
ray2001-11-10 18:19, By: ray, IP: [127.0.0.1]

L2: RE: Recalculation of 72(t) payments based on accouYou caught me. Actually the sample form was done before the PLR was released. I’ve been meaning to update the sample with those and a few other options – just haven’t taken the time – maybe some time in the next few weeks. If you do adopt a plan with recalculation, then I would recalculate interest, mortality and account balance as of a particular date.You are absolutely right, with a recalculation of the account balance, you won’t run out of funds. :~}2001-11-10 18:49, By: Gfw, IP: [127.0.0.1]

L2: RE: Recalculation of 72(t) payments based on accouAfter taking another look at the form, I do believe the appropriate options are there.#3, use 2nd Option – Recalculate#5, use 2nd Option – Annual Update#6, complete all optionsGood Luck! :~}2001-11-11 15:28, By: Gfw, IP: [127.0.0.1]

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