I am considering taking distributions from my IRA using one

of the three methods specified by the IRS - probably the

Annuitization method because it maximizes the current

distribution.

My biggest concern is the timing of the distribution if I

choose to take an annual amount from the plan. How much

leeway do I have in choosing the date to calculate and

distribute? Suppose I start this year and calculate an

annual amount of $20,000 (which I have to use in subsequent

years). Suppose I take the distribution from the IRA on

December 1, 2004. Do I have to take the distribution on that

date in 2005 and so forth? What if I choose a different

date, but still take out exactly $20,000 in 2005? What if I

take it out in two chunks instead of one distribution?

All of the material I have read so far is a little vague on

this particular issue. Can anyone shed light on this?

Do as you like!!! Take $20K on 12/31/04 and another $20K on

01/01/05. You will then report the distributions only for

the year in which they were taken. You may take 10K on

01/01/05 and another 10K on 07/01/05 and your total

distribution for the year 2005 would be 20K. Split it up as

you like, the income is taxed in the year in which it is

taken.

If you set up annual distribution dates, with the holder of

your IRA's, you'll be held to those dates unless you make

changes. Here are the FAQ's related to this topic (as they

relate to annuitization):

http://www.irs.gov/retirement/article/0,,id=103045,00.html#4
"Jack" - John H. Fisher - (e-mail address removed)

Philadelphia, Pa - Atlantic City, NJ - West Wildwood, NJ

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