completion of term

You are here:
< Back

L1: completion of termDoes anyone have a concrete answer to the “end” of the 72t SEPP period? Assuming monthly distributions, is it after the 60th payment (assuming age 59 1/2 has since been met), or is it at the end of the year in which the 60th payment is made assuming age 59 1/2 has been met?
i.e. if someone starts their distributions 5/1/07 at age 56 have they met the requirement of 5 years with the 4/1/12 distribution or do they have to continue through calendar year 2012?2007-02-01 11:19, By: mtb, IP: [69.245.206.129]

L2: completion of termStart by looking in the top menu under 72t calculators and select the Last Payment Date calculator, enter the information and press the [Calculate] button – youer question will be answered.2007-02-01 11:23, By: Gfw, IP: [24.148.85.129]