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Joint Lives Calculation – Annuity Method

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Byjohn

L1: Joint Lives Calculation – Annuity MethodI would like calculate the annuity factorforjoint livesusing the annuity method in accordance with Revenue Ruling 2002-62 (Appendix 2). Does anyone know how this calculation is made? Is there such a thing as a “joint lives mortality table” or is the calculation made from the single life table?
I would appreciate it if anyone could help me with this problem.2003-06-14 06:13, By: John, IP: [127.0.0.1]

L2: Joint Lives Calculation – Annuity MethodAll calculations for joint life expectancy are made from a single table – there was a mortality table included with 2002-62. I believe it was a table of lx and qx.
For the actual formulas used to calculate joint life expectancy, you may want to consult one of the actuarial sites.2003-06-14 06:29, By: Gfw, IP: [127.0.0.1]

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