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What is the new life expectancy table for calculating Required Minimum Distributions?
Rev. 05/17/02

The IRS issued Final Required Minimum Distribution Regulations on April 17, 2002. These regs contain a new table called the "Uniform Lifetime Table". This table will be used for calculating all minimum required distributions for the lifetime of the participant starting with the 2003 tax year. The only exception is where there is a spouse who is more than 10 years younger in which case the new joint life table may be used. After the death of the participant, generally, the beneficiary will use the new single life expectancy table. The new "Uniform Lifetime Table":

UNIFORM LIFETIME TABLE

April 17, 2002
Age
Distribution Period
Age
Distribution Period
70
27.4
93
9.6
71
26.5
94
9.1
72
25.6
95
8.6
73
24.7
96
8.1
74
23.8
97
7.6
75
22.9
98
7.1
76
22
99
6.7
77
21.2
100
6.3
78
20.3
101
5.9
79
19.5
102
5.5
80
18.7
103
5.2
81
17.9
104
4.9
82
17.1
105
4.5
83
16.3
106
4.2
84
15.5
107
3.9
85
14.8
108
3.7
86
14.1
109
3.4
87
13.4
110
3.1
88
12.7
111
2.9
89
12
112
2.6
90
11.4
113
2.4
91
10.8
114
2.1
92
10.2
115+
1.9

 

 

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