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Author: TMFPixy Big gold star, 5000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76098  
Subject: Re: Substantially equal periodic payouts Date: 3/11/1999 8:27 AM
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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?>>

Yes.

Regards….Pixy

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