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arrete asks,

Let's say that you have successfully negotiated the pitfalls of setting up your SEPP payments. Now assume that you have reached the magic day (either 5 years plus 1 day from your 1st SEPP payment or 59 1/2 plus one day, which ever is longer) and you want to take out lots more. How do you make it stop? Is there some form that must be filed, or do you just start taking out money?

Your IRA custodian should have a form for you to fill out when you request an IRA distribution. For SEPP distributions, you check "exception code = 2", for a normal (past age 59.5) distribution you check "exception code =7".


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