When distribution age rules say "by April 15 year after you've reached 70 1/2" does that mean that a person who reaches 70 1/2 in 2001 doesn't have to start distribution until 2002? If you did that, are your distributions always on the April date or do you have to take another by December 31 for 2002 and pay taxes on both in the same year? Thanks for any info. I'm getting confused by different articles I've found. lu107
I asked basicly the same question, you might want to take a look at my post and the associated thread.http://fireboards.fool.com/Message.asp?mid=15679958
Thanks very much for answering. That was exactly the answer I was looking for. lu
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