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72t

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ByMike

L1: 72tEvery time I run the calculations on the amount I can take out I am left with a large amount still in the account at age 59. Is there a provision to allow that account to be emptied or almost emptied to increase the yearly amount taken out ?
Thanks…2001-10-16 18:47, By: Mike, IP: [127.0.0.1]

L2: RE: 72tRemember – all distributions are amortized over life expectancy. Assuming no significant market losses, you will always have balance when the plan ends since you have not reached your life expectancy. Hope this helps. 2001-10-16 18:58, By: Gfw, IP: [127.0.0.1]

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