life expectancy tables

L1: life expectancy tablesFor 72t distributions using the minimum distribution method, is there complete freedom in choosing either the single or joint life expectancy tables?2004-02-13 21:29, By: tony, IP: [209.173.64.243]
L2: life expectancy tablesYou have the ability to use either the single life, joint life or uniform tables. However, since the single life tables will always produce the highest payment it is most often selected. If the single life tables produce a higher amount than you require, consider splitting the IRA into 2 accounts and only creating a SEPP using one of the accounts. 2004-02-14 06:19, By: Gfw, IP: [172.16.1.75]

L2: life expectancy tablesYou could also use a lower interest rate. 120% of the Fed. Mid-term rate is the max. You could adjust the interest lower, for necessary.2004-02-14 06:53, By: Gary, IP: [24.145.242.199]

L2: life expectancy tablesBy using the maximum interest rate and the single life table, you allocate fewer dollars to the SEPP to provide the desired distribution. This leaves other dollars to use for emergencies or even to establish an additional SEPP in the future.
Allocating more dollars to a plan then needed merely reduces overall flexibility. In most any planning opportunity, future flexibility to plan for unknown events is critical. 2004-02-14 07:33, By: Gfw, IP: [172.16.1.75]

L2: life expectancy tablesWhere exactly can I find these table showing the life expectancy.
2004-02-17 13:51, By: booya, IP: [69.163.115.162]

L2: life expectancy tablesThe easiest source is to go www.irs.gov; the publications section & download Pub. 590.

TheBadger
wjstecker@wispertel.net
2004-02-17 13:55, By: TheBadger, IP: [38.116.134.130]