IRS Resources

Updated Guidance for SEPP Plans Starting in 2022 or Later (and annually recalculated plans)

Notice 2022-6 issued January 18,2022

2022 Life Expectancy Tables (starting on page 72472) as of November 12, 2020

120% federal mid-term rates updated around the 16-18th of each month

SEPP FAQs

Note: some of the information below has been superseded for SEPP plans beginning in 2022

FAQs Regarding Substantially Equal Periodic Payments from Retirement Plans

Single and Joint Life Expectancy Tables from §1.401(a)(9)-9 (referenced in FAQs)

Revenue Ruling 2002-42 I.R.B Description of 3 Methods and Other Rules

Revenue Ruling 2002-62 (starts on page 3 of the PDF). See Appendix A for Uniform tables referenced in FAQs)

IRS Notice 89-25 Q&A #12

Related IRS Publications

Publication 590-B, Distributions from Individual Retirement Arrangements (IRAs)

Publication 571, Tax-Sheltered Annuity Plans (403(b) Plans)

Publication 575, Pension and Annuity Income

Publication 721, Tax Guide to U.S. Civil Service Retirement Benefits

Publication 915, Social Security and Equivalent Railroad Retirement Benefits

Publication 939, General Rule for Pensions and Annuities

IRS Forms

IRS Form 8606, Nondeductible Contributions to Traditional IRAs and Distributions From Traditional, SEP, and SIMPLE IRAs

IRS Form 8606 Instructions

IRS Form 5329, Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts

IRS Form 5329 Instructions

Understanding IRS Contribution Reporting Forms 1099 and 5498 Instructions