Enter what you hold and where it sits. See what the IRA can pay you before 59½, what the portfolio looks like at 90, and what a bear market does to a fixed payment.
Payments must run for the longer of five years or until age 59½. Starting at 48 locks you in until 60.
Changing the amount or taking extra from the SEPP IRA triggers the 10% penalty, plus interest, on every payment since you started. One switch to the RMD method is allowed.
Amortization and annuity pay the same dollars every year, even after the account falls. A bitcoin-heavy SEPP IRA can run dry in a bear market. The RMD method resizes each year.
The interest rate is capped at the greater of 5% or 120% of the federal mid-term rate. For October 2026 that is 5.54% (Rev. Rul. 2026-19). A higher rate pays more.
You can put only part of your IRA into the SEPP, sized to your spending, and leave the rest alone until the lock-in ends.
Required minimum distributions at 73, Roth conversions, health insurance subsidies, state-specific rules and IRA-to-IRA transfer timing.