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Uniform Lifetime Table

IRS regulations require that you take minimum distributions from your IRA and/or other qualified retirement plans when you reach age 70 1/2. Your required minimum distribution (RMD) is calculated by dividing your previous year-end balance by your life expectancy factor. Use the Uniform Life Chart below to determine your required minimum distribution if you are the original account holder of an IRA (not a beneficiary) and your sole primary beneficiary is not a spouse more than 10 years younger than you. If either of these two exceptions apply, please contact your Investment Executive for assistance in calculating your required minimum distribution.

Example: Joe will turn age 75 in year 2004. His 12/31/2003 account balance was $200,000. Looking at the chart below, his life expectancy factor is 22.9. Joe's RMD for 2004 is $200,000 divided by 22.9 = $8,733.62.

Required Minimum Distributions (Update 4/16/02)

Age
Applicable Divisor
70
27.4
71
26.5
72
25.6
73
24.7
74
23.8
75
22.9
76
22.0
77
21.2
78
20.3
79
19.5
80
18.7
81
17.9
82
17.1
83
16.3
84
15.5
85
14.8
86
14.1
87
13.4
88
12.7
89
12.0
90
11.4
91
10.8
92
10.2
93
9.6
94
9.1
95
8.6
96
8.1
97
7.6
98
7.1
99
6.7
100
6.3
101
5.9
102
5.5
103
5.2
104
4.9
105
4.5
106
4.2
107
3.9
108
3.7
109
3.4
110
3.1
111
2.9
112
2.6
113
2.4
114
2.1
115 and Older

1.9

First WallStreet Financial Advisors does not provide tax or legal advice. Please consult with your own tax and legal advisors before taking any action that would have tax consequences.
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