Age 70.5 distributions

[Guest Bill]

Look at Publications 560 and 575 from the IRS at www.irs.ustreas.gov/cgi/websys_fmanage

[Guest MMorgan]

I am looking for a rather "basic" article or reference explaining the payout options for an 5% owner who must begin taking the 70.5 minimum distribution. Has anyone read any good articles you could recommend to me?