The Motley Fool Discussion Boards
Investing/Strategies / Retirement Investing
|Subject: Re: Substantially equal periodic payouts||Date: 3/10/1999 9:48 PM|
|Author: DrMerlot||Number: 9044 of 76594|
Thanks to both Badger and TMFPixy. MY choice of the joint method may now be re-evaluated. Yet it brings up more questions.
Q1 Once I choose a method for each of the IRAs that I choose for the calculations,does the process go on for five years for each of the IRAs?
Q2 What date(s) are used to start the five year clock?
The first IRA from which I get $$ or does the clock start with the last one of the take out year or is it just Dec 31, 2000?
Q3 After the five year period, can I stop taking money out until I am 70 1/2?
|Copyright 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|