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Beginning Balance

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Last Updated On
ByVicky

L1: Beginning BalanceRetired on Jan 2,2002 and rolled over my pension (not the 401k)to an IRA. Monies were received on April 1,2002. My question is how can I use 12/31/2001 ending balance when I didn’t have an IRA until 4/01/2002? Can I use the beginning balance to start an SEPP this month? Thanks! 2002-05-01 15:21, By: Vicky, IP: [127.0.0.1]
L2: Beginning BalanceTake a look at our sample form and reduce the plan to writing. The plan will outline the starting date etc. If you were starting in May, you should be able to use the 04/30 balance to calculate the payments. 2002-05-01 16:32, By: Gfw, IP: [127.0.0.1]

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