RMD calculation for Post 2020 Non-eligible Desig Bene
I was on the CPA academy webinar last night but had to leave early. So I’m not sure how granular Ed got with examples of RMDs using the Feb 2022 proposed regs.
Client dies in 2021 aged 86, NEDB turns age 58 during 2022. I believe Single Life Expec for that person is 28.9 per IRS table. Assume Inherited IRA was $100,000 on 12/31/21. How is the RMD calculated for 2022 which is year 1 of 10? Am I correct it to use the age the bene turns in 2022?
Permalink Submitted by Alan - IRA critic on Fri, 2022-06-10 14:48