But at age 72 the RMD table calls for only a 3.9% annual distribution, which is just $3,900.How To Calculate Your Required Minimum Distribution Find your IRA balance from December 31st of the previous year. Divide this amount by the distribution period found on the chart below using the ...
401k Plans Roth 401k Plans 403b Plans 457b Plans NOTE: RMD rules do not apply to Roth IRAs while the original owner is still alive WHEN must an RMD be taken? The initial required minimum distribution for an account owner must be taken by April 1st of the year following the year the ac...
(the delayed one is based upon the balance of December 31 of the year before you turned age 72, the regular RMD is based upon the balance one year later); and each is calculated based upon your Table I value for different ages (the first is based on age 72, the second on age 73)...
The IRS uniform life expectancy table is used to calculate the life expectancy for account owner RMDs. The only exception to this rule is if the sole beneficiary is a spouse and is more than 10 years younger than the account owner. In this situation, the IRS joint life expectancy table is...