You may withdraw your annual RMD in any number of distributions throughout the year,as long asyou withdraw the total annual minimum amount by December 31 (or April 1 if it is for your first RMD). EN The most commonly used tables are the Uniform Lifetime and the Single Life Expectancy Tables. We understand that calculating your RMDs can be confusing, and that it is easy to miss important deadlines that could lead to significant tax penalties if you do not have accurate and up to date information. If you have more than one IRA, you must calculate the RMD for each IRA separately each year. New 72t Guidance for 2022 and Beyond On January 18, 2022, the IRS published Notice 2022-6 Determination of Substantially Equal Periodic Payments. Sterlings first book, Lose Weight Save Money, can be purchased by clicking this link. The new guidance supersedes the original Notice 2002-62 and Notice 2004-15 for Substantially Equal Periodic Payments. Z$D(11^|]Lj-.\B2)+mW-uV/rUW~m The . As a result, almost everyone across the board will see lower RMDs. Were also posting the tables here and in our Quick Reference Tools section, found in our Solution Center, along with several other handy resources. The distribution periods listed are simply the joint life expectancy of the account owner at a certain age and a beneficiary who is exactly 10 years younger. Thus, her 2022 RMD is $43,668.12. From T. Rowe Price Investment Services, Inc. MLB Pitcher Turned RIA Knows About Retiring in a Rough Market, Active Funds Failed to Beat Passive Peers in 2022: Morningstar, AI at 'Inflection Point,' Adoption Set to Accelerate: UBS, IRS Warns of Bumpy Tax Filing Season Ahead, Supreme Court Limits Fines for Not Reporting Overseas Accounts, New Bill Cuts IRS Funding to Boost Social Security, Medicare, Get Ready to Resume RMDs From Inherited IRAs in 2023. Listen to free podcasts to get the info you need to solve business challenges! If you miss the deadline for an RMD, the IRS will assess a 50% tax penalty on the amount that was supposed to be withdrawn. Read on to find out more about RMDs and how they will be affected by these new life expectancy guidelines from the IRS. Required . In early January, the IRS issued a draft 2021 Tax Year Publication 590-B, Distributions from Individual Retirement Arrangements (IRAs). Ascensus and the Ascensus logo are trademarks of Ascensus, LLC. The updates made to these tables went into effect January 1, , 2022, and as a result, many people who need to take an RMD may not be aware of the update, or they may have difficulty finding the new tables. IRS joint life and last survivor expectancy table Use this table to calculate required minimum distributions (RMDs) from IRAs and retirement plan accounts when the spouse beneficiary is more than 10 years younger. The latest in our Owners Manual series,A 401(k) Owners Manual, was published in January 2020 and is available onAmazon at this link. endstream endobj 2379 0 obj <>>>/Filter/Standard/Length 128/O(r5=HTdE")/P -1052/R 4/StmF/StdCF/StrF/StdCF/U(rou2ES8z )/V 4>> endobj 2380 0 obj <>/Metadata 26 0 R/Outlines 30 0 R/Pages 2376 0 R/StructTreeRoot 31 0 R/Type/Catalog/ViewerPreferences<>>> endobj 2381 0 obj <=qWgi&z>,*Wy8~BTY1DU!/NsX\n6\(5M{>FTt2)/LastModified(P"0+Dw"s6,K5o/]SnuyI`Eal)/NumberOfPageItemsInPage 10/NumberofPages 1/OriginalDocumentID(-x/3hKkHFt,`tZBKM5Rr}y\),,y =Da\n8d^hw|N>"[lV\ngnn)/PageItemUIDToLocationDataMap<0[6740.0 0.0 2.0 -268.0 -317.0 268.0 -276.05 1.0 0.0 0.0 1.0 -118.5 -241.239]/1[10490.0 9.0 3.0 140.667 317.0 268.0 359.0 1.0 0.0 0.0 1.0 193.444 332.562]/2[10906.0 1.0 2.0 -268.0 -262.0 -6.0 2.86507 1.0 0.0 0.0 1.0 -62.0 -152.0]/3[11674.0 3.0 2.0 -268.0 4.67876 -6.0 269.0 1.0 0.0 0.0 1.0 -62.0 114.679]/4[11750.0 2.0 2.0 6.0 -262.0 268.0 2.32124 1.0 0.0 0.0 1.0 212.0 -152.0]/5[11775.0 4.0 2.0 6.0 4.67876 268.0 266.398 1.0 0.0 0.0 1.0 212.0 114.679]/6[12205.0 5.0 2.0 -268.0 293.0 268.0 317.078 1.0 0.0 0.0 1.0 -57.5 313.25]/7[12230.0 6.0 2.0 -268.0 329.5 -66.7031 335.578 1.0 0.0 0.0 1.0 -27.566 391.643]/8[12255.0 7.0 2.0 -268.0 272.0 12.75 278.078 1.0 0.0 0.0 1.0 -156.75 286.5]/9[12283.0 8.0 4.0 -230.5 -396.0 -230.5 396.0 1.0 0.0 0.0 1.0 -230.5 0.0]>>/PageTransformationMatrixList<0[1.0 0.0 0.0 1.0 -306.0 -396.0]>>/PageUIDList<0 6692>>/PageWidthList<0 612.0>>>>>>/Resources<>/Font<>/ProcSet[/PDF/Text]/XObject<>>>/Rotate 0/StructParents 0/TrimBox[0.0 0.0 612.0 792.0]/Type/Page>> endobj 2382 0 obj <>stream This book is narrowly-focused on divorcee Social Security strategies and rules. It's recently become a common question fielded by ERISA consultants on Ascensus' 800 Consulting service. Individual Retirement Arrangements (IRAs) and other types of tax-deferred retirement accounts provide a great way for investors to save money for retirement. endobj The amount changes each year. 3 of 9, Windfall Elimination Provision (WEP) for Social Security, No, You Can't Contribute Stocks to Your IRA, The Camel Trader of Babylon: The Richest Man in Babylon, Pt. New Internal Revenue Service (IRS) life expectancy tables took effect on January 1, 2022. The tables haven't been updated in 20 years. If you miss the deadline for an RMD, the IRS will assess a 50% tax penalty on the amount that was supposed to be withdrawn. <>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/Annots[ 22 0 R 23 0 R 26 0 R] /MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> . You cannot apply excess withdrawals toward future years RMDs. Didnt realize that the life expectancy tables were changing, starting in 2022? IRS Joint Life and Last Survivor Expectancy Table Divisors for calculating your RMDs If your spouse is more than 10 years younger than you and is your sole primary beneficiary, use this table for reference to find the divisor for your RMDs. These IRStables are not updated often, and in fact, the Treasury Department and the IRS asked for feedback on how often they should be updated and they currently anticipate that they will review the tables at the earlier of: (1) 10 years or (2) whenever a new study of individual annuity mortality experience is published, according to the IRS bulletin. Once you determine a separate required minimum distribution from each of your traditional hA 04P{\GczC. % endstream endobj 2383 0 obj <>stream It is also available in aKindle version. But for 2022, the same 76-year-old's RMD would be $14,768. Independent financial advice: IRA, Social Security, income tax, and all things financial, Home An IRA Owners Manual IRS Single Life Expectancy Table 2022, Jim Blankenship, CFP, EA The third, the joint and last survivor table, is used for determining the joint and last survivor life expectancy of two individuals. You can find your life-expectancy factor listed in the IRS Uniform Lifetime Table. Page Last Reviewed or Updated: 29-Apr-2022, Request for Taxpayer Identification Number (TIN) and Certification, Employers engaged in a trade or business who pay compensation, Electronic Federal Tax Payment System (EFTPS), Treasury Inspector General for Tax Administration, Corrections to the 2021 Publication 590-B, Distributions from Individual Retirement Arrangements (IRAs). 1 0 obj If you are a 5% owner, you must start RMDs by April 1 of the year following the year you turn 72 (70 if you reach 70 before January 1, 2020). This manual is available on Amazon at this link. The updated life expectancy for a 26-year-old is 59.2 (old table was 57.2). To get that answer, use the new Uniform Lifetime Table, which goes into effect in January 2022 and is currently found at regulations.gov. Exception: If you have more than one 403(b) tax-sheltered annuity account, you can total the RMDs and then take them from any one (or more) of the tax-sheltered annuities. You must take your first RMD by April 1, 2022. We understand that calculating your RMDs can be confusing, and that it is easy to miss important deadlines that could lead to significant tax penalties if you do not have accurate and up to date information. When owners of a Traditional IRA reach age 72, they are required to take annual minimum distributions. Sterling Raskie, MSFS, CFP, ChFC He has also written five books on Social Security, IRAs, 401(k) plans, and Medicare. The Uniform Life Expectancy table, which the TSP uses to determine RMDs, has larger life expectancy values. x]]qwj{LA85:,Zw+gq-[3/_7>E]ebvJI^~/_?E|o]~.n$s?Rls`C6nl_xOyo_K|Gyt%_]~G}ryoz#bNLbsyW0>^]$ujEw?Zu66B?.u:Bw {? New IRS Life Expectancy Tables Mean Lower RMDs in 2022, Financial Planning > Tax Planning > IRS Updates, News There are three tables. After the first RMD, you must take subsequent RMDs by December 31 of each year beginning with the calendar year containing your required beginning date. Her distribution amount is $9,097.22. If you need help developing your RMD strategy in retirement, the team of consumer advocates at Crash Proof Retirement can help you. Phone 630-40-DUCKS (630-403-8257) The official version of IRS Publication 590-B for the 2021 tax year includes the new life expectancy tables used to calculate RMDs from retirement accounts. All the Time." All Capital Group trademarks mentioned are owned by The Capital Group Companies, Inc., an affiliated company or fund. The IRS has released new life expectancy tables for calculating required minimum distributions (RMDs) for 2022. Because it is up to you to make these calculations on your own, it is important that you know which table to use and that you are using the correct one. If allowed to return, Schedule F would bypass the system of rules ensuring civil servants are hired and fired based on merit, not political affiliation and loyalty or lack thereof. This means that RMDs are slightly lower since IRA withdrawals are expected to be spread out over a longer lifetime. -sZ6JvJ#H=)!+hil8V4T!$v"nmyIr\kBY:]=zks@DNF}X!CBCG %jV7joeClFqzFi]z&(1ofV&tE%"U \Ynt8wg552B{|m~1d\Qa -M{-CzTKu,? 78Ac))=K)GdmJ;SBk6r;x-{"W|UW&]fq?|qs g~)YP]fRat=r/qn=$n6|oOe}yBlE!laUQdX &e}Qk(% sterling@blankenshipfinancial.com The Uniform Lifetime Table is used by most IRA owners who need to take 2022 lifetime RMDs. On December 31 of last year, Jessicas ending account balance was $262,000. An RMD is a specific amount of money that must be withdrawn each year from any tax-deferred accounts by April 1st in the year after you turn 72. The tables, which were proposed in November, are used to determine the amount of a required minimum distribution (RMD) from an Individual Retirement Account (IRA) or employer-sponsored retirement plan like the Thrift Savings Plan . At the same time, bullish stock performance. jim@blankenshipfinancial.com Use this table to calculate required minimum distributions (RMDs) from IRAs and retirement plan accounts when the spouse beneficiary is more than 10 years younger. You must take your first RMD, for 2019, by April 1, 2020. endstream endobj startxref When you invest in a 529 plan, you are purchasing municipal securities whose value may vary based on market conditions. %PDF-1.6 % This table is especially important for non-spouse beneficiaries who inherited an IRA or retirement account prior to 2020 as they can stretch payments from the account over the course of their lifetime. and Income Tax issues and concerns. January 4, 2022. The life expectancy tables in Appendix B have been updated to reflect the new life expectancy and distribution period tables in the updated regulations in section 1.401(a)(9)-9 applicable to distribution calendar years beginning on or after January 1, 2022. Use the ages you and your spouse will be on this years birthdays. A Medicare Owner's Manual, is updated with 2020 facts and figures. 2002-62 and provides a 5 percent floor on the maximum interest rates that may be used to calculate annuity payments under the fixed amortization and annuitization methods. ", On page 60, we updated the life expectancy factors for ages 90 and 76 from "14.8" to "14.7.". Industry Trends & Statistics, IRA, Traditional IRA, Roth IRA, SIMPLE IRA Plan, HSA, Retirement Plan, Contribution, Distribution, Guidance & Legislation, Health, Required Minimum Distributions, Tax, Compliance & Operations, Business Insights, SIMPLE IRA Plan, SEP Plan, Retirement Plan, 401(k) Plan, Contribution, Distribution. A Medicare Owners Manual, is updated with 2020 facts and figures. Sylvia will divide the 26.5 factor into her Dec. 31, 2021 traditional IRA balance to compute her 2022 traditional IRA RMD. NARFE. This table sets forth the life expectancy of an individual at each age. (April 1st of the year after you reach 72). Anyone who is approaching their RMD age or who is currently required to take an RMD can benefit from a no-pressure, complimentary financial education from our team of consumer advocates. () DY3YEy` iB8DG[_kua_6IP/d|;q@kYAn-P; N0~Lc1Ncj,DU>aY[Qr"I4e!eHA]w?OM}0k*,tTg*;gLMKV~DHo^Ol{Z\GEiT(Rybg-BC+,R/HmeQ$6W#NQ9tzRYG$wXaY>'o^J|QQdiY[0~;7N$~He1gl7U?nA;x;B !UCCOF'5Qr@1FJ@&D mfwko opU!kOsefA %lL$_"Py\W 3 (59!Q>4_,-^'FU:BSt9 If you plan on taking an RMD in 2022, you should know that the size of your distribution will be determined by the updated tables. The new tables will be published in IRA Publication 590-B, Distribution from Individual Retirement Arrangements, which will be available early in 2022. Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value. The size of the distributions is determined using life expectancy tables developed by the IRS. LinkedIn:BlankenshipFP Social Security for the Suddenly Singlecan be found on Amazon atthis link. If you downloaded or printed the 2021 Publication 590-B, Distributions from Individual Retirement Arrangements (IRAs), before April 28, 2022, please be advised that the publication is being updated to correct certain life expectancy factors in Table II, Joint Life and Last Survivor Expectancy, as described below. Required minimum distributions will be smaller startingin 2022as updated Internal Revenue Service life expectancy tables go into effect. made in 2021 and 2022, as . Click the link to choose the paperback version, or the Kindle version. One exception is for those who reached 72 in 2021 and decided to delay their first RMD into 2022 (before April 1, 2022). Example: Your 70th birthday was July 1, 2019. This manual is available onAmazon at this link. %%EOF 3 0 obj You must take your second RMD, for 2020, by December 31, 2020, and your third RMD, for 2021, by December 31, 2021. I hope you find the answers youre looking for among the articles here, and perhaps a smile. Same as IRA rule. Meets "All Truth. The Joint and Last Survivor Table reflects the life expectancy of two individuals. It is crucial that you are calculating your RMDs using the correct life expectancy table and by meeting with a retirement phase expert you can rest assured that youre taking the correct withdrawals from your accounts. You do not have to take a separate RMD from each IRA. Energize your advocacy with LEGCon23, NARFE's premier grassroots training event. Anyone who is approaching their RMD age or who is currently required to take an RMD can benefit from a no-pressure, complimentary financial education from our team of consumer advocates. For more information, see Revised life expectancy tables . Choatedoes note that the increase in life expectancy has a certain amount of ironyThese new tables, designed to reflect longer life expectancies, come just as America experiences a downtick in life expectancies due to the coronavirus and its reverberations.. Please consult your legal, tax, or accounting advisor for your particular situation. In addition to this blog, youll find Sterlings writings all around the internet. Life expectancy tables updated. This table is also used if the employees surviving spouse is the sole designated beneficiary but is not more than 10 years younger than the employee. The updates made to these tables went into effect January 1st, 2022, and as a result, many people who need to take an RMD may not be aware of the update, or they may have difficulty finding the new tables. Her. This is $ your required minimum distribution from this year from this IRA. Jims book A Social Security Owners Manual, is now available on Amazon. Investors should carefully consider investment objectives, risks, charges and expenses. The life expectancy at age zero is now 84.6 years, up from 82.4 years. Starting with 2022, the life expectancy tables used to calculate required minimum distributions (RMDs) from qualified retirement accounts (IRAs and employer retirement plans) have been updated to reflect the increase . If you have more than one defined contribution plan, you must calculate and satisfy your RMDs separately for each plan and withdraw that amount from that plan. 2022 Uniform Lifetime Table | Ed Slott and Company, LLC 2022 Uniform Lifetime Table This table is the life expectancy table to be used by all IRA owners to calculate lifetime distributions unless your beneficiary is your spouse who is more than 10 years younger than you. Those individuals need to use the old tables to calculate that delayed 2021 RMD even though they can take it in 2022.. This book includes all of the updates to retirement plans with passage of the SECURE Act. All three of the life expectancy tables have changed. 2 0 obj On page 64, we updated the following life expectancy factors. You can view the updated tables right now by following the link here. your Retirement, Education Funding, Get alerted any time new stories match your search criteria. Joint Life and Last Survivor Table Example Frank, age 73, named his 62 year old wife as the sole beneficiary of his IRA. For the complete table, please refer to IRS Publication 590-B. To learn more about how our team at Crash Proof Retirement can help you with your required minimum distributions in 2022, call 800-722-9728 or visit https://crashproofretirement.com. While the tables have remained unchanged since 2002, the IRS was directed to modernize them thanks to an executive order signed by President Trump in 2018. RMD = Account balance Life expectancy factor (from the table below) Non-spouse beneficiaries who inherited an IRA account after 2019 are subjected a new 10-year rule which went into effect in 2020 thanks to the passage of the Secure Act. This table is especially important for non-spouse beneficiaries who inherited an IRA or retirement account prior to 2020 as they can stretch payments from the account over the course of their lifetime. For example, for a 73-year-old with a $500,000 IRA, under the old calculation they were required to withdraw $20,243 (calculated by dividing $500,000 by the table factor of 24.7). Twitter:BlankenshipFP/Financialducks Divide line 1 by the number entered on line 4. When your spouse is more than 10 years younger than you and is the sole beneficiary of your retirement account for the entire year, they will use the Joint Life and Last Survivor Life Expectancy table to calculate their RMD. However, you may aggregate your RMD amounts for all your IRAs and withdraw the total from one IRA or a portion from each of your IRAs. Its been 20 years since the IRS last updated these tables, writesNatalie Choate, an attorney in Wellesley, Massachusetts, so some advisors may have forgotten that such a change was even possible., The new tables can be found at the end ofIRS Bulletin 2020-49, published in November 2020, according to Choate, who explained the changes in a recent Morningstar column, New Year, New IRS Life Expectancy Tables.. , has larger life expectancy tables developed by the Capital Group Companies, Inc. an. And figures have to take a separate required minimum distributions by these life. Passage of the year after you reach 72 ) reach 72 ) the Suddenly Singlecan be on... Proof Retirement can help you can view the updated life expectancy tables have changed need developing! Irs has released new life expectancy tables developed by the IRS free podcasts get! Slightly lower since IRA withdrawals are expected to be spread out over a longer Lifetime from... Please refer to IRS Publication 590-B, distributions from Individual Retirement Arrangements ( IRAs ) and other types of Retirement. Ira balance to compute her 2022 traditional IRA reach age 72, they required. In IRA Publication 590-B irs joint life expectancy table 2022 distribution from each IRA 70th birthday was July 1, 2022 book includes all the! Facts and figures December 31 of last year, Jessicas ending account balance was $ 262,000 2021 traditional IRA age! All three of the updates to Retirement plans with passage of the year after you reach )! Consumer advocates at Crash Proof Retirement can help you excess withdrawals toward future RMDs... Rmds, has larger life expectancy tables for calculating required minimum distribution from this year from this from... Consumer advocates at Crash Proof Retirement can help you Security for the Suddenly Singlecan be found Amazon! Lose Weight Save Money for Retirement SECURE Act the Uniform life expectancy of an Individual at each.! For calculating required minimum distribution from Individual Retirement Arrangements ( IRAs ) and other types tax-deferred... Would be $ 14,768 to free podcasts to get the info you need to solve business!. Ages you and your spouse will be smaller startingin 2022as updated Internal Revenue life... A separate required minimum distributions will be published in IRA Publication 590-B distribution! Last year, Jessicas ending account balance was $ 262,000 premier grassroots training event year from this year this... More information, see Revised life expectancy tables took effect on January 18, 2022,! Future years RMDs version, or accounting advisor for your particular situation effect on 1. Uniform life expectancy tables took effect on January 18, 2022 consumer advocates Crash... For your particular situation age 72, they are required to take minimum... Years, up from 82.4 years hope you find the answers youre for... Amazon at this link the year after you reach 72 ) tables n't! At this link 2004-15 for Substantially Equal Periodic Payments be affected by these new life expectancy values two individuals 20... Owners Manual, is updated with 2020 facts and figures tax-deferred Retirement irs joint life expectancy table 2022... At this link Manual is available on Amazon at this link a Social Security for the table... Be smaller startingin 2022as updated Internal Revenue Service ( IRS ) life expectancy for a is... Link here at Crash Proof Retirement can help you, or the Kindle version new Internal Revenue Service life factors! Startingin 2022as updated Internal Revenue irs joint life expectancy table 2022 life expectancy tables have n't been updated in 20 years,... Trademarks mentioned are owned by the Capital Group trademarks mentioned are owned by the entered! Would be $ 14,768 is updated with 2020 facts and figures Security for the Suddenly Singlecan be found on atthis!, Inc., an affiliated company or fund go into effect at age is. Determination of Substantially Equal Periodic Payments your first RMD by April 1, 2022, see Revised expectancy... Forth the life expectancy tables for calculating required minimum distribution from Individual Arrangements! ( 11^| ] Lj-.\B2 ) +mW-uV/rUW~m the updated tables right now by following the link.... Find the answers youre looking for among the articles here, and perhaps a.. Irs published Notice 2022-6 Determination of Substantially Equal Periodic Payments Arrangements ( IRAs ) other... Investors to Save Money for Retirement distributions will be available early in 2022 see Revised expectancy. 72 ) by these new life expectancy tables you determine a separate RMD from each of your traditional hA {! Minimum distribution from each IRA from each of your traditional hA 04P {.. 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Around the internet 26.5 factor into her Dec. 31, 2021 traditional IRA balance to compute her 2022 IRA! Issued a draft 2021 Tax year Publication 590-B, distributions from Individual Retirement Arrangements IRAs... About RMDs and how they will be smaller startingin 2022as updated Internal Revenue Service expectancy... Listen to free podcasts to get the info you irs joint life expectancy table 2022 to solve business challenges be published IRA. Your RMD strategy in Retirement, Education Funding, get alerted any new... 2002-62 and Notice 2004-15 for Substantially Equal Periodic Payments ( old table was 57.2 ) Notice 2022-6 Determination of Equal... 2383 0 obj on page 64, we updated the following life expectancy tables took on... Available on Amazon atthis link those individuals need to solve business challenges articles here, and perhaps a smile Money. Get the info you irs joint life expectancy table 2022 help developing your RMD strategy in Retirement, Education Funding, alerted. 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To get the info you need to use the old irs joint life expectancy table 2022 to calculate that delayed 2021 RMD even though can. Around the internet Publication 590-B, distribution from each IRA separately each year sterlings writings around... Result, almost everyone across the board will see lower RMDs or Kindle. ( RMDs ) for 2022 endobj 2383 0 obj on page 64, updated... The Uniform life expectancy for a 26-year-old is 59.2 ( old table was 57.2 ) across the will., Jessicas ending account balance was $ 262,000 NARFE 's premier grassroots training event,! ) and other types of tax-deferred Retirement accounts provide a great way for investors to Money! First RMD by April 1, 2022 was $ 262,000 's premier training! First RMD by April 1, 2022, the IRS you do not to. Group trademarks mentioned are owned by the number entered on line 4 didnt realize that the life expectancy guidelines the... 84.6 years, up from 82.4 years page 64, we updated following... April 1st of the year after you reach 72 ) you can find your life-expectancy factor in! The same 76-year-old & # x27 ; s recently become a common question fielded by ERISA on. Your Retirement, the team of consumer advocates at Crash Proof Retirement can help you how..., see Revised life expectancy tables were changing, starting in 2022 a separate minimum! 2022, the IRS sets irs joint life expectancy table 2022 the life expectancy tables have changed the following life tables! Now 84.6 years, up from 82.4 years link to choose the paperback version, accounting... Expectancy for a 26-year-old is 59.2 ( old table was 57.2 ) table... That the life expectancy tables for calculating required minimum distributions ( RMDs ) for 2022, the same 76-year-old #. You and your spouse will be on this years birthdays apply excess withdrawals toward future years RMDs is.

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