IRA and Tax Tables 2022

2022 Joint Life Expectancy Table

This table is used only for lifetime distributions and only when the spousal exception applies (when the spouse is the sole beneficiary for the entire year and is more than 10 years younger than the IRA owner). Beneficiaries never use this table.

2022 Single Life Expectancy Table

Beneficiaries use this Single Life Expectancy Table based on their age in the year after the IRA owner's death. That factor is reduced by one for each succeeding distribution year. Spouse beneficiaries who do not elect to roll the IRA over or treat it as their own also use the single life table, but they can look up their age each year.
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2022 Uniform Lifetime Table

This table is the life expectancy table to be used by all IRA owners to calculate lifetime distributions unless your beneficiary is your spouse who is more than 10 years younger than you. In that case, you would not use this table, you would use the actual joint life expectancy of you and your spouse based on the regular Joint Life Expectancy Table. The Uniform Lifetime Table is never used by IRA beneficiaries to compute required distributions on their inherited IRAs.
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2022 IRA Minimum Distribution Tables

When owners of a Traditional IRA reach age 72, they are required to take annual minimum distributions. The amount changes each year. Simply divide your IRA's value at the end of the prior year by the distribution factor listed next to your age in the following IRS charts:

2022 Annual Gift Tax Exclusion

You may give the following amount to an individual, free of gift tax:

YearAnnual Exclusion
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2022 Generation-Skipping Transfer (GST) Tax

Tax on assets transferred to non-spouse heirs at death:

YearExempt from TaxGST Tax Rate

$12,060,000 per person (no portability)

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2022 Federal Estate Tax Levels

At death, a surviving spouse's estate will owe estate taxes on the net value that exceeds the annual exemption:

YearExempt from TaxEstate-Tax Rate

$12,060,000 per person with portability

Top rate of 40%
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2022 Federal Tax Brackets

Marginal Tax Rate


Married Filing Jointly or Qualifying Widow(er)


$0 - $10,275

$0 - $20,550


$10,276 - $41,775

$20,551 - $83,550


$41,776 - $89,075

$83,551 - $178,150


$89,076 - $170,050

$178,151 - $340,100


$170,051 - $215,950

$340,101 - $431,900


$215,951 - $539,900

$431,901 - $647,850


Over $539,900

Over $647,850

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2022 SEP IRA Contribution Levels

Here's what can be contributed to a SEP IRA:

Year Maximum Contribution
2022 Up to 25% of compensation of up to $305,000, but no more than $61,000. Catch-up contributions do not apply.
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2022 Roth IRA Conversion Eligibility

2022Anyone Can
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