While there are three Life Expectancy Tables (See Appendix B of IRS Publication 590-B), the Single Life Expectancy Table is the one that must be used to calculate RMDs for beneficiary IRAs. 2.

His wife turns 58 in 2001. Therefore, Curt uses the joint life expectancy of 27.5 years (ages 71 and 58) to compute the 2001 required distribution from the first IRA; a life expectancy of 15.3 years ...

Retirement account owners are required to withdraw a minimum amount annually from pre-tax retirement accounts, i.e., IRAs and 401(k)s, referred to as the required minimum distribution (RMD). The ...

I have $1 million in my IRA. Once I reach 73 years of age what are the withdrawal requirements? I retired five years ago with ...

However, since these beneficiaries inherited before 2020, they had to reset their stretch IRA RMD schedule in 2022 to the current IRS Single Life Table. This resulted in slightly lower RMDs.

The Single Life Expectancy table produces RMDs that are significantly higher than the RMDs calculated using the Uniform Lifetime table. The Beneficiary IRA Option.

This table is more beneficial to beneficiaries than the Single Life Table. With either option, you can always elect the rollover option to distribute the funds to your own IRA. —The IRA owner ...

Andy Ives, an IRA analyst with Ed Slott & Co., explains how to calculate your RMDs over the 10-year distribution period. ... (Do not go back to the single life table each year.) ...

Inherited IRAs cannot be aggregated with a person’s own IRAs. Also, ... and the Single Life Table is for beneficiaries.) Look up your age and find the corresponding factor.

So you would have used the single life table to determine your life expectancy in 2021, the year after you inherited your IRA. If you were 50 in 2021, your life expectancy in 2021 would have been ...