Then, take the following steps: Locate your age on the IRS Uniform Lifetime Table Find the “life expectancy factor” that corresponds to your age Divide your retirement account balance as of ...

Using one of two IRS life expectancy tables, you can find the expected distribution period that you'll use to calculate your RMD. Most people use the Uniform Lifetime Table, but if your IRA's sole ...

The basic calculation for RMDs is your account balance as of December 31st last year divided by your life expectancy factor. You can use the Uniform Lifetime table provided by the IRS (see below ...

RMDs have changed significantly in 2024. First, the IRS has released a new life expectancy table. You'll need the numbers on this table to determine exactly how much you're required to pull out of ...

Using the life expectancy distribution period and Uniform Lifetime Table provided by the IRS, you can then determine what ...