End of 5 year payout
L1: End of 5 year payoutI received my first monthly72t distribution on June 30, 2004. In July,2004,the distribution was moved up earlier in the month, and has remained that way since. Since I will receive my last “substantially equal periodic payment” in the middle of the month in June, will that satisfy the 5 year rule, or must I wait until June 30 to request an additional/larger distribution? I turned 59 1/2 back in February.
2009-05-08 06:27, By: Bob, IP: [22.214.171.124]
L2: End of 5 year payoutStart with our 1st Modification Date Calculator: http://72t.net/Sepp/Irc72tLastPaymentDate.aspx
Or manually, the 5 years ends 365 days times 5 years plus 2 days from the date of the 1st distribution.2009-05-08 08:48, By: Gfw, IP: [126.96.36.199]