SEPP Distribution

I started a SEPP Plan and took first distribution on Sep 06, 2012. I am over 59 1/2 years old. Can I take an additional distribution after Sep 06, 2017?



Yes, this was a 5 year plan, so you must have taken 5 years (or 60 months if monthly distributions)  worth of distributions prior to 9/6. If you did not, please advise. Your plan automatically ends on 9/6 so you can take out as little or as much as you like after that date.  For any distributions you took after reaching 59.5, your 1099R Box 7 code will probably change to a 7.

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