2 moths preceding and Working again after sepp starts.

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L1: 2 moths preceding and Working again after sepp starts.
If I established an account today 2/7/12my rate would be 1.53% or the chose of rate in Jan 2012, or Dec 2011. (2 months preceding)
Can I increase the dist. rate or percentage with out a` penality from 1.53%. I,m getting a 5.0% return on my ira.
Also after SEPP account is established. Is there a penality for going back to work? I understand going back to work might move me to another tax bracket. Is there any penality?
2012-02-07 15:44, By: Ron, IP: [99.135.163.31]

L2: 2 moths preceding and Working again after sepp starts.
>>Can I increase the dist. rate or percentage with out a` penality from 1.53%No. What you are earning makes no difference is setting the maximum rate.
>>Is there a penality for going back to work?No.
2012-02-07 17:23, By: Gfw, IP: [205.178.73.77]