72t addition
Once SEPP payments begin, is it allowable to roll funds into this account while continuing to withdraw the same amount?
Once SEPP payments begin, is it allowable to roll funds into this account while continuing to withdraw the same amount?
Permalink Submitted by Alan Spross on Tue, 2008-05-20 22:43
No, that would bust your plan and make it subject to retroactive penalties plus interest back to the first distribution under the plan.
However, any changes you make to another IRA will not affect your SEPP plan. If you have an employer plan rollover, transfer it to a different IRA or a new IRA, NOT to the IRA you are using for your SEPP.