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RMD Guide: How to Calculate Your Required Minimum Distribution
Beneficiary’s age Owner’s age at their birthday for the year of death The IRS then requires you to subtract 1 from this initial life expectancy factor when calculating RMDs for each following ...
24/7 Wall St27d
This Is Exactly How the IRS Determines Your RMD
The last thing you want to do is calculate the RMD incorrectly, use the wrong life expectancy factor, or take a lower RMD than expected. All can lead to unnecessary calls from the IRS. It’s Your ...