72(t) end timing
I have a client who started taking annual ESPP from his IRA (72(t)) in September of 2016. He’s turns 59.5 this October (2019). The fifth and last payment will come in September of 2020. When can he freely withdraw/merge/contribute to this IRA? Not sure if this is relevant, but we’ve taken the annual distribution during different times of the year.
Thank you!
Permalink Submitted by David Mertz on Sat, 2019-08-24 15:47
September 2021, 5 full years after the date on which the first distribution under the SEPP plan was made.