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disability

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ByDon

L1: disabilityI will be 56 in October. I had to retire from my employment due to a heart condition. I will begin receiving Social Security and a monthly sum from the V.A. but feel that I may need additional money from my IRA rollover. Will I need to do the 72(t) distribution or does my disability status make this unecessary.2002-07-23 12:11, By: Don, IP: [127.0.0.1]
L2: disabilityWhile the definition of disability is slightly different for an IRA than for SS, you really shouldn’t have any probelms merely doing withdrawals under the disability exemption.What you will want to do is contact your IRA Custodian/Trustee so that they are aware of the disability and receive any proof that they may require. You should also verify how (after furnishing the proof) they will be marking the 1099R. 2002-07-23 13:16, By: Gfw, IP: [127.0.0.1]

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