RMD

"Required Minimum Distributions"

 The “UNIFORM TABLE”

(formerly known as the “MDIB Rule Divisor Table”)

…for determining “Lifetime” required minimum distributions (RMD’s) for (almost) everyone!

Note: this table does NOT apply to BENEFICIARIES of deceased IRA owners!

Age    Life Expectancy   Required %                               Age                Life Expectancy   Required %

               Divisor             Distribution                                                     Divisor                Distribution

Under the NEW Minimum Distribution Regulations, the above Uniform Table may be used by ALL IRA owners 

who turn age 70 ½  to determine their annual required minimum distributions (RMD’s).

For each “Distribution Year” (i.e. a year for which a Distribution is required), determine: (A) the account

balance as of the preceding calendar year end (December 31^st); (B) the participant’s age on his or her

birthday in the Distribution Year; and (C) the “applicable divisor” (second column) for that age from

the above table.  “A” divided by “C” equals the required minimum distribution for that year.

In the age 71 ½  Distribution Year, first reduce the “A” number by the amount of any required distribution

for the age of 70 ½ year that had NOT been taken out by the end of that year.