72(t) | Ed Slott and Company, LLC

72(t)

When you sign up for a 72(t) plan, if your IRA primarily has fixed income securities (CDs, bonds, etc)- what happens if there is not enough uninvested cash in the account to cover the annual rquired distribution? In other words, if there is not enough cash/money market to pay the distribution, will the brokerage house redeem a CD or bond to meet the needed distribution amount- or what??

Since I addressed this on the 72net site, I think I'll lay low here for now and let you get the benefit of another independent opinion on this.
 

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