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February 12, 2025
Question

How do you figure your total RMD for 2024 if you are 74 yrs old?

  • February 12, 2025
  • 1 reply
  • 0 views
Total IRA distributions are $17,658.73

    1 reply

    fanfare
    Employee
    February 12, 2025

    you age now might not be used.

    you need the divisor aka life expectancy for your age on your birthday in 2024.

    See IRS Pub 590B

     

    Divide that into your total IRA value on Dec31, 2023

     

    @sieversb