When does my plan end?

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L1: When does my plan end?I believe I have taken my last 72(t) distribution. But despite reading forum posts here for years and also reading Mr. Stecker’s book twice, I have always been a bit confused about what happens at the end. I would like to nail this down with the help of the knowledgeable people on this forum. The facts:– My birthday is September 24, 1953.– I took my first Substantially Equal Periodic Payment on April 8, 2008. It was a lump sum for the entire tax year based on my December 31, 2007, IRA balance. I took annual lump sums in 2009, 2010, 2011, and the last one November 19, 2012.– I have always used the Required Minimum Distribution method. — I do not anticipate needing any more money from IRAs for at least two years, and I have another non-SEPP IRA that could be used in an emergency.Am I done with the plan? (I know the five-year period ends April 8, 2013, shortly after I turn age 59.5.) I don’t really care if I CAN take a partial or full payment next year from the SEPP IRA. I don’t want to. I just want to make sure I’m not REQUIRED to take any more money before age 70.5.2012-11-27 06:47, By: Eureka, IP: []
L2: When does my plan end?The first modification date is 04/09/2013 – the day after the 5 year period ends.
Look at the 5 years as fiscal years starting with the date of the 1st withdrawal.Based on your post, you have taken 5 annual payments from your SEPP plan in the appropriate years, you really don’t need to take anything additional. Just don’t make any changes or additional withdrawals until after 04/09/2013.2012-11-27 11:16, By: Gfw, IP: []