Egold Posted January 9, 2021 Share Posted January 9, 2021 It appears to me that if a participant was receiving RMD in 2019, (ex. 70 1/2 factor 27.4) The participant was not required to have a RMD, but for 2021 the factor to calculate RMD for 2021 is 25.6? Is this correct? Or is there a new table for calculation purposes? Link to comment Share on other sites More sharing options...
Bird Posted January 11, 2021 Share Posted January 11, 2021 Correct. There is a new table but it is effective in 2022. Ed Snyder Link to comment Share on other sites More sharing options...
pensiongeek Posted January 28, 2021 Share Posted January 28, 2021 THe IRS has worksheets to use. https://www.irs.gov/retirement-plans/plan-participant-employee/required-minimum-distribution-worksheets Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now