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I just retired at 57, early out from my company with full retirement benefits. After 401K rollover, have about $270K, fully invested in equities now. I would like to begin withdrawing about $15K annually, and appear to qualify for the Early Withdrawal provisions in Pub 590. Have a few questions not covered in 590, or confusing...
1. I retired in March 2000. Book says that I wont be eligible for a withdrawal plan under Min Dist method, annuitization or amortization until April 1 of the FOLLOWING year. This wait of 10-months may work a I intrepreting the rule right, and/or are there exceptions that would allow an immediate plan to be filed, and withdrawals to begin prior to April next year?

2. 590 does not have annuity nor amort factors. What is the source for these? Anything online that both gives the dividers and the logic for the use of each? Any idea what the IRS pub. number is for the tables, and explanations of usage?

3. The Min Dist plan seems to hinge on the life expectancy method, joint with spouse in my case, and a factor of 32.4...that would allow just over $8000 per year in withdrawals, about half of what I would like to have taken out. However, 590 indicates that the retiree has some leeway for modification of the factors, in order to increase or decrease the annual withdrawal amount...what does this mean? How much leeway, and what are these 'revised' guidelines? Where is this scripted in stone?

4. Conversely, use of the amort/annuity methods seems to cause an excessive amount to be taken out, at least for me. I'm assuming that you can adjust the interest factor downward to reduce the annual withdrawal? Again, this not being in 590, what pub/notice, etc, has the allowables?

thanks in advance, sorry this is so long...

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