When calculating SEPP withdrawals, even though I am married, do I have to use the Joint Beneficiary, or can I use Single?
2011-09-29 00:10, By: Kathy, IP: [188.8.131.52]
Single life expectancy can and should be usedabout 99% of the time. From our Planning Pointers…
When using the calculators start with Single Life tableand the maximum interest rate allowed. If the single life calculations (Use Joint Calculations=No)produce a higher than desired payment, consider breaking the IRA into multiple accounts
using only one of the accounts to produce the desired SEPP payment. Other accounts can be used for emergencies or for establishing another SEPP at a later date.
2011-09-29 00:16, By: Gfw, IP: [184.108.40.206]