Guest bob1 Posted April 14, 2004 Posted April 14, 2004 I will be 59 I/2 0n dec. 30 2005.I started 72t distrib. in Aug. 1999.Will I have to take a full distrib. between 8/05 and 8/06 since my fiscal year ended before dec.?
basumukherji Posted April 17, 2004 Posted April 17, 2004 No need to take full distribution in 2006. In fact you may change your 72t distribution arrangement in 2006. By that time you would be more than 59 1/2 year old and you would be satisfying the required 5 year minimum period (counting from 1999)
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now