2021 RMD Calculations for Beneficiary IRA’s – Pre 2020 Death
For beneficiaries of those who died before 2020, you normally take the divide by factor from the prior year and subtract one.
Since 2020 was a pass, do we take the 2019 factor and subtract one or two?
Permalink Submitted by Alan - IRA critic on Tue, 2020-12-29 16:34
Use the 2019 divisor and subtract 2 for the 2021 RMD. For 2022 there will be a “reset” of the divisor due to new tables becoming effective in 2022. That process requires determining what the first beneficiary divisor would have been under the new tables, then subtracting 1.0 for each year including 2020 to arrive at the 2022 beneficiary divisor. That should be the last time the tables need to be checked.