On November 7, 2019, the IRS proposed doing something that it had not done in nearly two decades…update the life expectancy tables used to calculate required minimum distributions by IRA, 401(k), ...

Forbes contributors publish independent expert analyses and insights. I write about investing, retirement, & workplace savings plans. This article is more than 3 years old. For the first time since ...

You don’t have to be a Jeopardy champion to know how to calculate required minimum distributions for 2022, but it may be equally challenging due to several recent tax rule changes. First, the Secure ...

As you can see above, the IRS changed the RMD tables to reflect changes in life expectancy since the last modifications a decade ago. The net result was to add close to two years to life expectancies ...

For the first time in nearly twenty years, on January 1, 2022, the Internal Revenue Service (IRS) updated its actuarial tables for determining required minimum distributions (RMDs) from retirement ...

Retirement account owners are required to withdraw a minimum amount annually from pre-tax retirement accounts, i.e., IRAs and 401(k)s, referred to as the required minimum distribution (RMD). The ...