BPickerCPA Posted December 16, 1999 Share Posted December 16, 1999 [[MY Statement: The 10% penalty is waived when SEPP start at age 45 and continue to age 50 when they are stopped. (They do NOT have to continue to age 59.5 in order to be relieved of the 10% penalty) ]] WRONG! If SEPP starts at age 45, they MUST continue until age 59½, or else the 10% is imposed on ALL pre age 59½ withdrawals. That's the danger of starting too early. Barry Picker, CPA/PFS, CFP New York, NY www.BPickerCPA.com Link to comment Share on other sites More sharing options...
jlf Posted December 16, 1999 Share Posted December 16, 1999 To our CPA, Thank You. ------------------ yes Link to comment Share on other sites More sharing options...
Dave Baker Posted December 16, 1999 Share Posted December 16, 1999 Test Link to comment Share on other sites More sharing options...
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