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72t monthly calculations

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ByDannyM

L1: 72t monthly calculationsIf I read the FAQs and rulings, etc., correctly, anymonth-end balance over the last six months and interest rates for the preceding two months are acceptable for doing the 72t calculations. Is that about it?
It also looks like, from the PLRs, that you can use the annual AFR, calculate the annual 72t, and then divide by 12 to get the monthly amount. Does that seem correct?
To get the highest amount, for a distribution beginning say Oct 1, 2007, one could use the highest ending account balance from April through September, and use the August rate of 6.13% to calculate the 72t.

Danny M2007-09-13 05:45, By: DannyM, IP: [75.177.159.45]

L2: 72t monthly calculationsYes, you have it. 2007-09-13 21:08, By: Alan S., IP: [24.116.165.60]

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