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.

If you have been taking life expectancy distributions from an inherited IRA, should you care about the new RMD (required minimum distribution) tables effective in 2022? That’s a question raised ...

On November 7, 2019, the IRS proposed doing something that it had not done in nearly two decades…update the life expectancy tables used to calculate required minimum distributions by IRA, 401(k ...

But 2022, Pam must reset her RMD schedule by going to the new Single Life Table and looking up what would have been her payout period in 2017 when she was 45. That factor is 41.0 years.

This joint life expectancy is always longer than the owner’s single life expectancy. The tables in the exhibit on page belw show that the single life expectancy of a 70-year-old IRA owner is 16 years, ...

You’ve just inherited a traditional IRA. A: The first thing you’ve got to look for is to see if you truly are the beneficiary. You’ve got to find the beneficiary form. And, contrary to ...

There have been many changes recently in the tax laws that affect retirement accounts and their associated required minimum distributions (RMDs). Specifically, the CARES Act enacted last spring wai… ...

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

We’ve been getting letters and e-mails asking us to explain, in simple terms, the once-again revised rules for taking distributions from traditional IRAs and other retirement plans. The subje… ...

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 ...