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Thread: SEPP 72t

  1. #1

    Default SEPP 72t

    Any experts on SEPP/72t out there?
    I want to leave at age 50 and I will need access to some of this money. I would like to move TSP to Scottrade IRA.
    I have read there are very specific rules about balance changes (other than the SEPP withdrawal).
    If I'm incurring trading fees, am I violating the rules?

    I know I can leave it in TSP but I don't want to continue to suffer these silly monthly IFT restrictions.

    Anyone currently traveling this road?

    Thanks,
    wax


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  3. #2

    Default Re: SEPP 72t

    Quote Originally Posted by waxmanak View Post
    Any experts on SEPP/72t out there?
    I want to leave at age 50 and I will need access to some of this money. I would like to move TSP to Scottrade IRA.
    I have read there are very specific rules about balance changes (other than the SEPP withdrawal).
    If I'm incurring trading fees, am I violating the rules?

    I know I can leave it in TSP but I don't want to continue to suffer these silly monthly IFT restrictions.

    Anyone currently traveling this road?

    Thanks,
    wax
    There are several threads about this. I am currently using a 72t. So. Ask away!
    100 G
    RSI - Relative Strength Indicator DMA - day moving average

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  5. #3

    Default Re: SEPP 72t

    Quote Originally Posted by clester View Post
    There are several threads about this. I am currently using a 72t. So. Ask away!
    Are your withdrawals from TSP or an IRA?
    Withdrawing once a month or once a year?

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  7. #4

    Default Re: SEPP 72t

    I retired a few months ago at 49 and am looking into 72T as I rolled my TSP into an IRA at Schwab. Trading fees shouldn't be a concern within your IRA. Ask your questions
    but for good insight I recommend you explore 72t on the Net | SEPP, 72t, and /72q Distributions

    Monthly, quarterly, semi-annually, or annually is your choice (with your Brokerage) as long as you only take out the correct dollar amount annually based on your 72t calculation.

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