Let’s look at the case of a 54-year-old single woman who chooses the term-certain method of life expectancy withdrawals. In this scenario, if the woman wants to begin receiving IRA distributions in 2025, she must first calculate the total account value as of Dec. 31, 2024, as well as...
Article Open access 04 April 2024 Introduction As life expectancy increases and populations age in many countries, people are expected to remain in paid work until they are older1. Poor health and lack of appropriate job opportunities are major reasons for early retirement, work absence and reduced...