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Use one of these worksheets to calculate your Required Minimum Distribution from your own IRAs, including SEP IRAs and SIMPLE IRAs . Required Minimum Distribution Worksheet - use this only if your spouse is the sole beneficiary of your IRA and is more than 10 years younger than you.
This table generally applies for distribution calendar years beginning on or after January 1, 2022. However, transition rules under the regulations may apply to certain beneficiaries when the original account owner or their surviving spouse died before January 1, 2022.
Review the required minimum distribution rules for certain retirement plans, including traditional IRAs, SEP IRAs, SIMPLE IRAs and 401(k) plans.
The IRS has released new life expectancy tables for calculating required minimum distributions (RMDs) for 2022. The most commonly used tables are the Uniform Lifetime and the Single Life Expectancy Tables. The Uniform Lifetime Table is used by most IRA owners who need to take 2022 lifetime RMDs.
The IRS has new RMD tables effective January 1, 2022. See how much you are required to withdraw from your IRAs.
Required Minimum Distribution Tables for 2022. The IRS has released new life expectancy tables to use to calculate Required Minimum Distributions (RMDs). The new tables take effect in 2022. Most people will use the Uniform Lifetime Table.
2022 IRS Uniform Lifetime Table CCON0102687 AGE FACTOR AGE FACTOR AGE FACTOR AGE FACTOR AGE FACTOR 70 27.4 80 18.7 90 11.4 100 6.3 110 3.1 71 26.5 81 17.9 91 10.8 101 5.9 111 2.9 72 25.6 82 17.1 92 10.2 102 5.5 112 2.6 73 24.7 83 16.3 93 9.6 103 5.2 113 2.4 74 23.8 84 15.5 94 9.1 104 4.9 114 2.1
Free Article. New 2022 IRA RMD Tables: What Every Retiree Must Know. By Dan Caplinger – Nov 23, 2022 at 5:55AM. Key Points. Traditional IRAs require those 72 or older to take minimum...
Use this worksheet to figure this year’s required withdrawal from your (non-inherited) traditional IRA UNLESS your spouse 1 is the sole beneficiary of your IRA and they’re more than 10 years younger than you.
New Uniform Life Tables for calculating RMDs take effect January 1, 2022. Uniform Lifetime Table. In Effect Through 2021. New Uniform Lifetime Table. Effective January 1, 2022. Comparison. Age. Current Uniform Table RMD Factor. Current RMD as a % of Account Balance.