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ByJack

L1: questionHello, and thanks for your help. My birthdate is 11/28/58. I started my 72T with my first withdrawal as a yearly lump sum on Oct 1, 2009. I took withdrawals in 2010, 2011, 2012, and just took 2013. That equals 5 withdrawals. I realize my mod date is not for several more years. My question, do I have the option of not taking ANY more money out from this time forward till after my mod date?2013-01-02 16:37, By: Jack, IP: [67.141.65.175]
L2: questionYou first plan modification date is 05/29/2018 – you must keep up withdrawals through 2017 and then in 2018 you would have the regular 3 options… 1) nothing, 2) 5 months; or 3) the full annual amount.
If you are looking to minimize the annual amount, you could make the change to the Minimum Distribution method, but that is a one time and permanent change.
Simplest alternative, just keep the plan going until 2018.2013-01-02 17:33, By: Gfw, IP: [205.178.67.189]

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