Under the new single life table effective that year, her life expectancy ("divisor") will be 29.7 years, resulting in a $33,670 2021 RMD from the inherited IRA.

If the Single Life Table had remained unchanged, his divisor for 2022 would have been 28.5, which was what S.L. expected. But it did change.

Under the new edition of Table 1, the Single Life Expectancy Table, Gary's life expectancy on his age-77 birthday year is 13.3 years. The Roth IRA account balance was $1 million on Dec. 31, 2021.

More than a year later, on November 12, 2020, the IRS finalized those changes, and released updated versions of the Uniform Lifetime Table, the Single Life Table and the Joint and Last Survivor ...

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 ...

But 2022, Pam must reset her RMD schedule by going to the new Single Life Table and looking up what would have been her payout period in 2017 when she was 45. That factor is 41.0 years.

Using the new tables, in 2022 the granddaughter will need to go back and determine the new life expectancy for a 40 year old, which is now 45.7 years, and reduce it by one for each year that has ...

As another example, a 75-year-old surviving spouse using the Single Life Table to compute RMDs must use a life expectancy of 13.4 years. Under the proposed regs, the spouse would use a life ...

The proposed regs, which will be published in the Federal Register on Friday and be out for a 60-day comment period, seek to reduce RMDs to reflect longer life expectancies.