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72t IRA Distribution after 401k Direct Rollover

L1: 72t IRA Distribution after 401k Direct RolloverIam considering performing a Direct rollover from my 401K tonew IRA rollover account(s) before year end to start a 72T.After rollover, Iplan totake a 72t distribution in December 2005 equal to the full year’s allowable distribution on the entire principal established.Is there any limitation to the amountdistributed in 2005 for an IRA established late in the year, other than 120%rate used.Also, is there any mandatory waiting period between the NewIRA(s) and subsequent 72t distribution or can it be done ASAP, solely based on custodians ability to do same.
Thanks,
Bob2005-11-20 14:29, By: Bob K, IP: [71.254.84.52]

L2: 72t IRA Distribution after 401k Direct RolloverBefore you do a transfer… What will your age be in the year that you seperate from service with your employer -Less than 55 or greater than 54?2005-11-20 16:10, By: Gfw, IP: [24.148.48.168]

L3: 72t IRA Distribution after 401k Direct RolloverSame scenario but greater then 54 what does this mean? Thanks2005-11-22 08:54, By: Diana911, IP: [209.178.145.43]

L2: 72t IRA Distribution after 401k Direct Rolloverage Less than 54 and already seperated from service.
Thank you2005-11-20 17:13, By: Bob K, IP: [71.254.84.52]

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