IRS Issues New Life Expectancy Tables
The IRS has put its new life expectancy tables for figuring retirement distributions into a separate
publication. They generally provide for smaller annual distributions, so
participants may keep more funds in their tax-deferred retirement plans.
Publication 590 SUPP, “Supplement to Publication 590, Individual
Retirement Arrangements (IRAs),” is available at
http://www.irs.gov/pub/irs-pdf/p590supp.pdf and will be more convenient
for taxpayers who want to use the new distribution rules this year.
For 2002, taxpayers have the option of using the new life expectancy
tables or the tables in the existing Publication 590 at
First published on BankersOnline.com 8/1/01
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