aceware,What would be the penalty for having insufficient funds to make the 'substantially equal periodic payment' from a rollover IRA prior to age 59.5...You seem to be asking a hypothetical question. Hope so.Anyway, intercst addresses it in his FAQ on SEPP:http://home.earthlink.net/~intercst/wdrawfaq.htmlA brief excerpt: Nobody seems to know. I suspect the IRS position would be they'd want to assess the 10% penalty plus interest for all the previous annual distributions.Suggest you read the rest of the answer, and plan accordingly.Phooley
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