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My mother passed away in 2009. The 4 of us (her children) were listed as beneficiaries on her IRA. I want to know how the MRD(?) is figured. Some simple formula that I can plug in the numbers to "approximate" how much I will get every year.

When the 4 of us filled out our forms, we specified a yearly payment based on life expectancy. None of us cashed out or took the 5 year option.

I've tried to read the IRS info and I get crosseyed and my brain turns to mush. I am the oldest. Last year, the distribution we got was the same. Will it be the same every year because it's based on my life expentancy.

I just need somethig in plain English and some kind of formula.
a*b/c= d

And if all else fails, I will call the mutual fund that holds the IRA and I will ask them.

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