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Uniform Life Expectancy Table. This table is the life expectancy table to be used by all. And for tax year 2022, there will be new life expectancy tables, including the most commonly used u niform lifetime table,.
5 ways to minimize required minimum distributions from www.marketwatch.com
His distribution amount is $9,562.04. 49 rows uniform distribution table. At age 74, the new table gives kevin an additional 1.7 years versus the age 74 life expectancy factor (23.8) using the old table.
5 ways to minimize required minimum distributions
To determine how much you have to withdraw in any given year, the internal revenue service (irs) has developed what is known as a uniform lifetime table, which is a type of life expectancy table. The increase in the life Deadline for receiving required minimum distribution: This is equal to the joint and last survivor life expectancy for the employee and a hypothetical beneficiary 10 years younger.