2023-12-27 12:30:01 Hi Keith, The deferred income annuity (DIA) you purchase will be considered a QLAC. The $200k will be removed from your RMD calculation, so you'll only owe RMDs on your remaining IRA balance. Once the payments from the QLAC begin seven years down the road, they...
Calculation notes This calculator has been updated for 2024 to include 'SECURE 2.0' and IRS Notices from 2023. SECURE 2.0 increases the age of Required Minimum Distribution (RMD) for account owners. Secure 2.0 did not change how the RMD is calculated; it only changed the age that they start...