The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing


Subject:  Re: Substantially equal periodic payouts Date:  3/11/1999  8:27 AM
Author:  TMFPixy Number:  9054 of 88065

Dr. Merlot asks:

<<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?>>

Yes, it goes on independently for each one for the longer of five years or until you reach age 59 1/2.

<<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?>>

The individual dates you started the withdrawals from each. They run independently of each other.

<<Q3 After the five year period, can I stop taking money out until I am 70 1/2?>>



Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us