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Investing Glossary:
Substantially equal periodic payments (SEPP)
Copyright 2012,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
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| Term: |
| Substantially equal periodic payments (SEPP)
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| Definition: |
| A method of Distribution from IRA Account assets that under certain conditions is not Subject to the IRS`s 10% premature withdrawal penalty for those under age 59-1/2.
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