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Are there any IRS rules/restrictions regarding dis

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ByMario

L1: Are there any IRS rules/restrictions regarding disMy question is regarding Keogh Accounts (Prototype Money Purchase Pension Plans) distributionsOn March 25, 2000 at age 58 I started a series of SEPP under IRS Code 72(t) that continued on annual basis for five years through March 25,2004, after March 26, 2005 I should be able to take additional distributions and I would like to know if there are any restrictionsabout starting to receive distributions from a Keogh Account (Prototype Money Purchase Pension Plan). This account was establishedduring my consulting years in which I am the sole owner/employee. 1) Are there any rules that would prevent me from starting to withdraw from this type of account after March 26, 2005, having completed the five years under IRS Code 72(t) rule? 2) Are there any rules as to the frequency and type of the distributions from Keogh accounts?Thank you for any assistance provided.
Mario Fernandez2005-03-11 17:32, By: Mario, IP: [4.250.117.206]

L2: Are there any IRS rules/restrictions regarding disAssuming the funds are still held by the Keogh plan, look to the plan document for the definition of early and normal retirement.
The status of the SEPP would not impact distributions from the Keogh plan.
2005-03-11 20:38, By: Gfw, IP: [172.16.1.72]

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