72t calc

L1: 72t calci want to start a 72t on january 15th with a 497000 dollar account using 1.14% fed midterm rate and your calculator shows me 15300 while others show me closer to 20000 dollars2012-12-29 16:19, By: jim, IP: [68.202.120.170]
L2: 72t calcWe need your Date of Birth in order to check your calculation.2012-12-29 16:22, By: dlzallestaxes, IP: [71.175.100.168]

L3: 72t calcWhich payment method gave you $15.3K? I got appx $15.9K for amortization (highest yielding method) if you were born in 1968, but did not match your figure. The calculator on this site is accurate, so I would question the other results. Ken2012-12-29 21:56, By: Ken, IP: [100.0.32.145]

L3: 72t calc12/12/19572013-01-01 16:06, By: jim, IP: [68.202.120.170]

L4: 72t calc
Amazing what can happen when we have a few details. Based on the date of birth of 12/12/1957, our calculator yields the following results…

SEPP Plan Assumptions

Owner Born
12/12/1957

Plan Age
56

Total IRA Accounts
$497,000

SEPP Plan Account
$497,000

SEPP Interest Rate
1.14%

Investment Interest Rate
4.00%

1st Distribution Date
1/15/2013

Date Age 59.5
6/12/2017

5 Year Date
1/15/2018

1st Modification Date
1/16/2018

Minimum Distribution Method

Distribution Factor
28.700

Initial SEPP Payment
$17,317.07

Amortization Method

Distribution Factor
24.361

SEPP Payment
$20,401.83

Annuity Method

Distribution Factor
24.603

SEPP Payment
$20,200.79

2013-01-01 16:21, By: Gfw, IP: [205.178.67.189]