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IRS regulations require that you take minimum distributions from your IRA and/or other qualified retirement plans when you reach age 70 1/2. Your required minimum distribution (RMD) is calculated by dividing your previous year-end balance by your life expectancy factor. Use the Uniform Life Chart below to determine your required minimum distribution if you are the original account holder of an IRA (not a beneficiary) and your sole primary beneficiary is not a spouse more than 10 years younger than you. If either of these two exceptions apply, please contact your Investment Executive for assistance in calculating your required minimum distribution.
Example: Joe will turn age 75 in year 2009. His 12/31/2008 account balance was $200,000. Looking at the chart below, his life expectancy factor is 22.9. Joe's RMD for 2004 is $200,000 divided by 22.9 = $8,733.62.
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| Required Minimum Distributions |
| Age |
Applicable Divisor |
| 70 |
27.4 |
| 71 |
26.5 |
| 72 |
25.6 |
| 73 |
24.7 |
| 74 |
23.8 |
| 75 |
22.9 |
| 76 |
22.0 |
| 77 |
21.2 |
| 78 |
20.3 |
| 79 |
19.5 |
| 80 |
18.7 |
| 81 |
17.9 |
| 82 |
17.1 |
| 83 |
16.3 |
| 84 |
15.5 |
| 85 |
14.8 |
| 86 |
14.1 |
| 87 |
13.4 |
| 88 |
12.7 |
| 89 |
12.0 |
| 90 |
11.4 |
| 91 |
10.8 |
| 92 |
10.2 |
| 93 |
9.6 |
| 94 |
9.1 |
| 95 |
8.6 |
| 96 |
8.1 |
| 97 |
7.6 |
| 98 |
7.1 |
| 99 |
6.7 |
| 100 |
6.3 |
| 101 |
5.9 |
| 102 |
5.5 |
| 103 |
5.2 |
| 104 |
4.9 |
| 105 |
4.5 |
| 106 |
4.2 |
| 107 |
3.9 |
| 108 |
3.7 |
| 109 |
3.4 |
| 110 |
3.1 |
| 111 |
2.9 |
| 112 |
2.6 |
| 113 |
2.4 |
| 114 |
2.1 |
| 115 & older |
1.9 |
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