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Updated life expectancy, distribution period tables for retirement plans (Nov. 8, 2019) – Wealth Strategies Journal



The U.S. Treasury Department and IRS today released for publication in the Federal Register proposed regulations (REG-132210-18) to update the life expectancy and distribution period tables that are used to calculate required minimum distributions from qualified retirement plans, individual retirement accounts (IRAs) and annuities, and certain other tax-favored employer-provided retirement arrangements.

The proposed regulations [PDF 432 KB] (33 pages) were published in the Federal Register on November 8, 2019. Comments are due 60 days after publication in the Federal Register.

A public hearing on these proposed regulations has been scheduled for January 23, 2020. Outlines of topics to be discussed at the public hearing are also due 60 days after publication in the Federal Register.

To see proposed regulations, click Proposed regulations: Updated life expectancy, distribution period tables for retirement plans (Nov. 8, 2019).

Posted by Lewis J. Saret, Co-General Editor, Wealth Strategies Journal..





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