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IRS Proposes Updated Life Expectancy Tables for Required Minimum Distributions
October Three Consulting [Guidance Overview] Nov. 13, 2019 "The current RMD life expectancy tables use (obsolete) individual annuity mortality tables plus individual annuity mortality improvement assumptions. The proposal takes a different approach, using an individual annuity mortality base scale but a general population mortality improvement scale. Using an individual annuity mortality improvement scale generally would produce even longer life expectancies (for RMD purposes) than does the approach taken by the proposal." |
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