Beneficiaries of inherited iras generally follow a single life expectancy table. Accordingly, the trust's rmd for 2022 is $75,187.97.
If you’re calculating your rmd for 2024, check what your retirement account balance was on dec. Beneficiaries of inherited iras generally follow a single life expectancy table.
A period life table is based on the mortality experience of a population during a relatively short period of time.
This table is the life expectancy table to be used by all ira owners to.
The irs uses three life expectancy tables for various rmd situations, but the one that applies to inherited iras is called table i (single life expectancy).
On november 6, 2020 the internal revenue service (irs) issued the final regulation updating the life expectancy and distribution period tables used.
