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TMFPixy writes:
A better approach, again IMHO, would be to split off a chunk of your IRA to separate accounts. Then you can pick and choose which to use for SEPP and which to use for education. That way there would be no room for an IRS challenge.

Let me get this straight: My IRA is a pie. The IRS may not want me to have two pieces of pie. But if I first cut the pie in half I can have two identical size pieces from the respective halves and that is OK? Can you provide any insight into the IRS's logic here?

Thankfully, I doubt that it would become necessary for me to intiate a 72(t) SEPP after taking the education exception, but the planner in my demands that I investigate all options.

Thanks for your insight.


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