Changing your reasonable interset rate annually
L1: Changing your reasonable interset rate annuallyOnce you determine your SEPP, can you change the assumed interest rate if the 120% Fed rate goes up so you can withdraw more money in future years?2010-12-22 19:58, By: engr55, IP: [22.214.171.124]
L2: Changing your reasonable interset rate annuallyYou can achieve some flexibility by adopting a SEPP that uses recalculation which simply means that you would recalculate using yourattained age, the interest rate andan updated account balance. The recalculation date happens on the same date each year. Also note, the annual distribution could go down just as easily as it could go up.
The plan is a little more complicated and leaves more room for error. Look through our sample form at http://72t.net/72t/Sample/Form2010-12-22 20:25, By: Gfw, IP: [126.96.36.199]