Account Balance

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L1: Account BalanceI received my Employee Stock Owership Plan account balance as of 12/31/03 and qualify for disbursement beginning the fall of 2004. (I am under 55)
I will be receiving the first of five paymentsin cash, which will be rolled over into an IRA and the other four payments will come one each year for the next four years payable with a promisory note plus interest. I plan to roll over all of the coming payments into the same IRA if possible.
My question is this: In order to start a SEPP distribution, what account balance do I use, the total on 12/31/03 or would I have to use five separate SEPP’S, one for each separate year?
Please help!
2004-03-22 09:17, By: Mission, IP: [207.28.77.99]

L2: Account BalanceHello Mission:
This sounds complex. You either ned to give us a whole more information or seek individual help.
TheBadger
wjstecker@wispertel.net
2004-03-22 10:14, By: TheBadger, IP: [38.116.134.130]