RMD Calculations for 2022

The Treasury Department has issued final regulations that include an update of the tables used to compute required minimum distributions (RMDs) from retirement accounts beginning in the 2022 tax year.  The new tables provide slightly longer life expectancies and lower required distributions than the old tables.

The new tables are not applicable and should not be used for computing RMDs for the 2021 tax year.  RMDs for the 2021 tax year must occur on or before December 31, 2021 and must be computed using the old tables. 

If you have not already taken our seminar, our upcoming seminars in January provide in-depth information related to the new RMD computations for the 2022 tax year.  If you are not already registered, register here.