Pension cashout, rollover after starting SEPP
L1: Pension cashout, rollover after starting SEPPDate of Birth: 10/20/1957
Date of first distribution: January 2009
I am eligible to rceive a lump sum cash distribution from a previous employer that I left in 2002. I have the optionto roll it over into an IRA, but I want to understand how doing so may affect the status of my SEPP withdrawals. I just want to understand the rules. BTW, the information from this site was extremely helpful in making my decision to start taking SEPP way back then, so a long overdue thank you.2014-09-04 16:43, By: Kiko_The_Akita, IP: [126.96.36.199]
L2: Pension cashout, rollover after starting SEPPJust do the rollover to a new IRA and keep it seperated from your SEPP IRA and you shouldn’t have a problem – there will be no impact on your existing SEPP.
And, thanks for the nice comments – glad the information on the site was helpful.2014-09-04 17:04, By: Gfw, IP: [188.8.131.52]
L3: Pension cashout, rollover after starting SEPPThanks for the prompt reply !!!2014-09-04 17:06, By: KikoTheAkita, IP: [184.108.40.206]