distributions per year

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L1: distributions per yearIs there any benefit of making more than one yearly distribution from a 72T?ie quartely or monthly?2010-06-02 19:22, By: retiredguy, IP: [69.133.11.60]
L2: distributions per yearIt only makes a difference in helping your budget planning.2010-06-02 19:23, By: Gfw, IP: [24.148.10.164]

L2: distributions per yearI suggest the 10th of Jan, Apr, July, and Oct. for automatic distributions. ( If you want a different date in any month/quarter, you would probably have to request every payment manually.) That would provide plenty of time to correct any errors, as well as good cash flow. It would provide cash in April if you have any taxes due.The first calendar year you can take either 100% of your annual distribution, or a pro rated amount based upon the month of your 1st distribution. The frequency in every year can be different.2010-06-02 19:38, By: dlzallestaxes, IP: [72.78.110.86]