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2003 REQUIRED MINIMUM DISTRIBUTIONS

Uniform Life Table
Use to calculate Required Minimum distributions from IRAs and Qualified Plans during Owner's life. Do not use this table if owner has spouse/beneficiary more than 10 years younger. Instead use Joint Life table from IRS Pub.590-SUPP.

Taxpayers AgeLife ExpectancyTaxpayers AgeLife ExpectancyTaxpayers Age Life ExpectancyTaxpayers AgeLife ExpectancyTaxpayers AgeLife Expectancy Taxpayers AgeLife ExpectancyTaxpayers AgeLife Expectancy
1086.22670.34254.45838.77423.89011.41064.2
1185.22769.34353.45937.87522.99110.81073.9
1284.22868.34452.46036.876229210.21083.7
1383.22967.34551.56135.87721.2939.61093.4
1482.23066.34650.56234.97820.3949.11103.1
1581.23165.34749.56333.97919.5958.61112.9
1680.23264.34848.564338018.7968.11122.6
1779.23363.34947.565328117.9977.61132.4
1878.23462.35046.56631.18217.1987.11142.1
1977.33561.45145.56730.28316.3996.7115+1.9
2076.33660.45244.66829.28415.51006.3
2175.33759.45343.66928.28514.81015.9
2274.33858.45442.67027.48614.11025.5
2373.33957.45541.67126.58713.41035.2
2472.34056.45640.77225.68812.71044.9
2571.34155.45739.77324.789121054.5


Single Life Table After IRA Owner's Death
Spouse beneficiary: Owner dies after Required Beginning Date (RBD): Beginning in year after year of owner's death, recalculate spouse's single life expectancy each year while spouse survives, using spouse's age on birthday in that calendar year. When spouse dies, spouses beneficiary can take over spouse's term certain life expectancy. For that, use spouse's age attained on the birthday in the calendar year of spouse's death. Reduce by one for each passing year. (Note: Spouse could roll over at owner's death.) Death before RBD: Same as above, plus spouse can delay until owner would have turned 70 1/2, or spouse can defer all distributions as long as all funds are distributed in five years.

Non-Spouse beneficiary: Death after RBD: Beneficiary can take over beneficiary's term certain life expectancy. For that, use the beneficiary's age attained on the birthday in the calendar year after the calendar year of IRA owner's death. Reduce by one for each passing year. Death before RBD: same as above or beneficiary can defer all distributions as long as all funds are distributed in five years.

No designated beneficiary: Death after RBD: Inheritor can take over owner's term certain life expectancy. For that, use owner's age attained on the birthday in the calendar year of owner's death. Reduce by one for each passing year. Death before RBD: Distribute all within five years.

AgeDivisorAgeDivisorAgeDivisorAgeDivisorAgeDivisorAgeDivisor
082.41964.03845.65727.97612.7954.1
181.62063.03944.65827.07712.1963.8
280.62162.14043.65926.17811.4973.6
379.72261.14142.76025.27910.8983.4
478.72360.14241.76124.48010.2993.1
577.72459.14340.76223.5819.71002.9
676.72558.24439.86322.7829.11012.7
775.82657.24538.86421.8838.61022.5
874.82756.24637.96521.0848.11032.3
973.82855.34737.06620.2857.61042.1
1072.82954.34836.06719.4867.11051.9
1171.83053.34935.16818.6876.71061.7
1270.83152.45034.26917.8886.31071.5
1369.93251.45133.37017.0895.91081.4
1468.93350.45232.37116.3905.51091.2
1567.93449.45331.47215.5915.21101.1
1666.93548.55430.57314.8924.9111+1.0
1766.03647.55529.67414.1934.6
1865.03746.55628.77513.4944.3


Pre-59 1/2 equal periodic payments using the MRD method can use this Uniform Table, Single Life Table or Joint Life table found in IRS Pub 590-SUPP. If you pick the Uniform Table or the Single Life Table, you cannot later switch tables.

FOR BROKER/DEALER USE ONLY


Last Updated: 9/23/2012 10:05:00 PM