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who should i contact

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Bybuzzles

L1: who should i contactDoes anyone know if there are going to be changes to the 72t rules due to the change economic condtion. When I signed up almost 2 years ago I had no idea that the cost of everything has gone way beyond expectation and know the money I am able to receive is not quite enough. I know I could try and get another job but doesn’t that defeat being retired and take a job from someone else. I really think we should beable to take more without that 10% penalty. Atleast a cost of living adjustment.2009-11-24 16:12, By: buzzles, IP: [72.226.122.31]
L2: who should i contactThere has been no discussion that I have seen or heard. Who should you contact? Probably one of your Senate/House representatives, but I wouldn’t hold my breath waiting – at best you may get a form letter acknowledging your question/position.2009-11-24 16:28, By: Gfw, IP: [216.80.125.206]

L2: who should i contactBuzzles,Many of uswho took a substantial economic “hit” to the value of our IRA’s while our SEPPs were running over the past two years are wishing we could take a little less out, so the money doesn’t run out. At the same time, we can’t afford the usually “drastic” reduction in payments that the one time change to RMD method for the rest of our SEPP would cause, since itwould leave us with way too little. Yours is the opposite problem. I have not heard of anything that will help your problem, and you probably don’t want to take out more, or you will run out when you still need money in your IRA to draw from as your get older, adn can’t solve the problem by working. It sounds like a part time job now is the solution. Good luck. Ken2009-11-24 16:28, By: Ken, IP: [71.192.120.143]

L3: who should i contactthanks for your thoughts on the matter.2009-11-24 16:49, By: buzzles, IP: [72.226.122.31]

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