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Author: Chipsboss Three stars, 500 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76237  
Subject: Re: tax deferred withdrawals Date: 1/2/2000 1:16 PM
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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
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