Have the mortality tables for calculating lifetime and after death required minimum distributions changed under the 2002 final regulations?
Yes. The mortality tables have been modified to reflect current life expectancy. The 2002 final regulations have adopted new tables of life expectancies for determining required minimum distributions. These new tables are used to determine an employee’s or IRA owner’s life expectancy under the single life table and the uniform lifetime table. New tables are also used to determine the joint life and last survivor expectancy of an employee or IRA owner and the designated beneficiary.
Related Questions
- Have the mortality tables for calculating lifetime and after death required minimum distributions changed under the 2002 final regulations?
- What are the required minimum distributions from a 403(b) annuity following the death of the annuity owner?
- Will Curian send notices to IRA clients over 70½ regarding their required minimum distributions (RMDs)?
