
Get Agreement For Required Minimum Distribution Option Rmd
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Here's an example of how the life expectancy factor works: If your IRA balance at year-end is $1 million and you're 72 years old, your life expectancy factor is 27.4, ing to the IRS. Divide your balance by 27.4 ($1,000,000/27.4), and that equals $36,496.35, which is your RMD amount.
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