New Life Expectancy Tables Will Decrease RMDs
November 17, 2020 by Rebecca Moore
The IRS has issued final regulations providing guidance relating to the life expectancy and distribution period tables that are used to calculate required minimum distributions (RMDs) from qualified retirement plans, individual retirement accounts (IRAs), annuities and certain other tax-favored employer-provided retirement arrangements.
The final regulations in this document apply to distribution calendar years beginning on or after January 1, 2022.
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Originally Posted at PLANADVISER on November 10, 2020 by Rebecca Moore.
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