Rmd Life Expectancy Tables 2024 India. To calculate the amount of your rmd, you will divide the account balance on the prior december 31 by your life expectancy factor. Updates impact traditional ira owners in.
The revised proposed regs greatly simplified the rules for calculating the rmd, as well as providing a longer time over which a taxpayer can take minimum distributions. Determine the individual retirement account balance as of december 31 of the prior year;