No. of Recommendations: 1
pauleckler writes,

The main requirement of SEPP distributions is that once begun they must continue for the longer of 5 years or until you reach age 59-1/2. If for any reason you fail to make a distribution in a given year, you will be assessed penalties on all previous distributions under the plan. The great concern is that the underlying account may not earn sufficient assets to allow distributions for all the years required. Therefore, SEPP distributions are best suited to those close to retirement or must necessicarily be conservative.

For more on IRA account exhaustion during SEPP distributions, see the following link:


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