<< Actually, SEPP can apply to a Roth as well as a tradtional IRA. The only difference is in a Roth SEPPs don't come into play until all the contributions have been used and all that's left is earnings. To take earnings when under age 59 1/2, the only way to avoid the penalty is by using SEPP. And you will pay taxes on that withdrawal. If you can avoid touching those earnings until age 59 1/2, they come out tax-free (assuming the account has been open for five tax-years). Thus, I would use any traditional IRA first because those will be taxed anyway. >>Thanks for the clarification, Pixy. You answered a diffferent question than what I read, so I want to make sure that I'm right with what I think.Let's say the original poster wants to begin SEPPing his traditional IRA. Does he include the value of his Roth IRA when calculating the SEPPs from the traditional IRA?The point I was trying to make was that you only consider traditional IRA money when doing a traditional IRA SEPP. I didn't add that you would also consider only Roth money when calculating a Roth SEPP. The big question: am I right?TMF ExRO
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