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final year distribution

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Bybilly

L1: final year distributionWe are currently in the fifth year of distributions ending in July. Can the retiree receive additional funds starting in August or, are distributions tied to calendar year completion?2005-01-20 14:38, By: billy, IP: [66.177.28.37]
L2: final year distributionHello Billy:
It all depends on when the retiree turns 59 1/2. If already 59 1/2 or will be 59 1/2 then additional distributions can be taken; otherwise the existing SEPP plan must remain inforce until attaining 59 1/2.
TheBadger
wjstecker@wispertel.net
2005-01-20 14:44, By: TheBadger, IP: [66.250.23.21]

L2: final year distributionThank you, client is over 59 1/2 now. everything i have found continues to relate back to “calendar year” distribution, leading me to believe that we had to wait until next calander year.2005-01-25 12:08, By: billy, IP: [66.177.28.37]

L2: final year distributionThank you, client is over 59 1/2 now. everything i have found continues to relate back to “calendar year” distribution, leading me to believe that we had to wait until next calander year.2005-01-25 12:08, By: billy, IP: [66.177.28.37]

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