The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing

URL:  http://boards.fool.com/httpwwwdtonlinecompfapayouthtm-discusses-11739561.aspx

Subject:  Re: tax deferred withdrawals Date:  1/2/2000  1:16 PM
Author:  Chipsboss Number:  17226 of 75339

http://www.dtonline.com/pfa/payout.htm discusses "IRA Payout and Beneficiary Issues" as presented by Deloitte & Touche.

You might like to go the the official IRS regulations before you take any action. http://www.irs.ustreas.gov/forms_pubs/pubs/p590toc.htm is an online copy of "Publication 590. Individual Retirement Arrangements (IRAs), (Including Roth IRAs and Education IRAs)". Its Appendix E has two life expectancy tables. The single life expectancy table, Table I, is at http://www.irs.ustreas.gov/forms_pubs/graphics/15160x17.gif

Notice that the life expectancy table applies to people of either sex. Men in the USA have a life expectancy nearly seven years shorter than women. It seems remarkable that the government allows men the benefit of women's longer life expectancy in computing minimum IRA withdrawals.

Chips
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us