30 year bonds

L1: 30 year bondsWith the return of the 30 year bond in Febuary, will we be able to use that for the basis of interest rates? I need a larger income to start a 72t and the rates now just don’t make it. I’ve waited 5 years now for interest rates to go up to no avail. I make over 13% on average on my investments yearly, but have to pony up the 10% penalty to get my own money. I’m 55 now, so if I get a 72t this year, it will have to go till I’m 60 and not 59 1/2.2006-02-01 22:47, By: chuckles8888, IP: [69.149.177.142]
L2: 30 year bondsNo.
The interest rate that may be used is any interest rate that is not more than 120 percent of the federal mid-term rate for either of the two months immediately preceding the month in which the distribution begins. 2006-02-02 05:01, By: Gfw, IP: [172.16.1.73]

L2: 30 year bondsBut don’t feel too bad. The yield curve is still so flat you are only looking at about 15 basis point for the 30 year over the 10 year. That would not be enough to give your distribution much of a boost.2006-02-02 15:19, By: Alan S., IP: [24.116.165.157]