Thump's Place FL

For my friends and familys amusement and edification
 
HomeFAQSearchMemberlistUsergroupsRegisterLog in

Share | 
 

 RMD Calculation

View previous topic View next topic Go down 
AuthorMessage
Thump

avatar

Posts : 2710
Join date : 2008-05-13
Location : Central Florida

PostSubject: RMD Calculation   Mon May 02, 2016 4:39 pm

So I remember and you can find out, the formula is:
Take the amount in your IRA(s) at the end of the
year before, December 31 and
divide by the number after your age in the chart below.



for instance at the age of 70 the number is 27.4
So for example if your balance at the end of the year
is $100,000 the divide by 27.4 = $3649.64
Back to top Go down
View user profile http://www.thumpnet.com
rockhump

avatar

Posts : 1529
Join date : 2008-05-16

PostSubject: Re: RMD Calculation   Tue May 03, 2016 12:24 pm

Hmmm. $3649 a year on 100k. Figured you might have to take more than that.
Back to top Go down
View user profile
 
RMD Calculation
View previous topic View next topic Back to top 
Page 1 of 1
 Similar topics
-
» BT Point Calculation
» Negative feedback
» Who Died Before Collecting their Government Pension?
» [Discussion] Showdown vs Forbidden scripture
» Battle step vs damage calculation

Permissions in this forum:You cannot reply to topics in this forum
Thump's Place FL :: General Discussion :: Anything-
Jump to: