800k bank rule

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Jan 17, 2023
2 years ago
Manfred ********
ORIGINAL POSTER
Following scenario:

one applies for a one year extension of stay (retirement/800K on bankbook).

The 800k have to stay in the bank for 3 months before you are allowed to go under 800K.

Question:

When do these 3 months exactly start/end?

Example:

Applied for and got the extension on November 2. The extension starts on November 15.

When in February can one go under 800K?
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