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Level 1
posted Jul 26, 2023 1:46:23 PM

(72t) SEPP distributions RMD method

Can I change my SEPP distribution from an annual lump sum payment in 2023 to monthly payments in 2024? This would not change the total annual distribution amount or the calculation method.

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1 Replies
Employee Tax Expert
Jul 26, 2023 2:00:44 PM

Hi, @e2020donna , thanks for the question! But unfortunately, this does not sound like a tax question, but more a question for the financial institution that holds your SEPP. Sorry I couldn't be more help, but I would recommend contacting them.