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Does PPA require lump sum calculations for 417(e) to use age as completed years and months at the date of distribution or is that just for 415 calculations?

Posted

I say years, months, and days for both calculations. Never understood people who argue 417(e) calcs. should not be done to the day, but their calcs are not my issue. Although I suppose as long as you round everything up, you are ok.

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