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Posted

Just to make sure, have there been any updates from the IRS regarding the RMD life expectancy tables? I'm well aware the RMD age increased to 73, but I'm wondering if we use the same expectancy tables as we did for 2022.

Posted

Secure 1.0 updated the tables but there was no additional change to the tables in Secure 2.0 that I'm aware of and I haven't seen seen any mention of a table change in any write-up on Secure 2.0 or webcast I've sat in on.

Posted

Actually,   SECURE (1.0) updated the minimum age to 72, but did not contain any language about updating the life expectancy tables.    The tables updates were done by IRS regulations  proposed in November 2020  (and finalized in late February 2022).

Again,  SECURE 2.0 just updates the minimum age to 73, but does not update the life expectancy tables.    My guess is that IRS is not planning another update immediately to the life expectancy tables,   but if they are planning to update the tables it would be announced well ahead of time and not take effect before 2024 at the earliest.

 

.....  Jeff

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