Uniform Life Table 2025. For example, if you turn age 73 in 2024, you could wait until april 1 of 2025 to take your first rmd, but then you would also need to take your 2025 rmd by december 31. Page last reviewed or updated:
Required minimum distributions uniform lifetime table. The amount of your rmd is usually determined by the fair market value (fmv) of your ira as of december 31 of the previous year, factored by your age and your life expectancy.
Use This Table For Calculating Lifetime Rmds From Iras And Retirement Plan Accounts.
Your yearly rmd is calculated using a formula based on the irsโ uniform lifetime table.
This Table Is Used By Most Ira Owners.
Here is the rmd table for 2024, which is based on the irsโ uniform lifetime table, which is the most widely used table (it is table 3 on page 65).
Uniform Life Table 2025 Images References :
Divide #1 By #2 To Determine Your Rmd Amount;.
For example, if you turn age 73 in 2024, you could wait until april 1 of 2025 to take your first rmd, but then you would also need to take your 2025 rmd by december 31.
This Table Is The Life Expectancy Table To Be Used By All Ira Owners To Calculate Lifetime Distributions Unless Your Beneficiary Is Your Spouse Who Is More Than 10 Years Younger.
1, 2022, a later rmd trigger age of 72 takes effect.
