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COVID-19 relief for retirement plans and IRAs Information on this page may be affected by coronavirus relief for retirement plans and IRAs.
Designated beneficiary
Spouse only
Non-spouse
No designated beneficiary Spouse may treat as his/her own, Distribute over spouse’s life using Table I* Use spouse’s current age each year, Distribute based on owner’s age using Table I Use owner’s age as of birthday in year of death Reduce beginning life expectancy by 1 for each subsequent year Can take owner’s RMD for year of death Distribute using Table I Use younger of 1) beneficiary’s age or 2) owner’s age at birthday in year of death Determine beneficiary’s age at year-end following year of owner’s death Use oldest age of multiple beneficiaries Reduce beginning life expectancy by 1 for each subsequent year Can take owner’s RMD for year of death Table I Use owner’s age as of birthday in year of death Reduce beginning life expectancy by 1 for each subsequent year Can take owner’s RMD for year of death Spouse may treat as her/his own; Take entire balance by end of 5th year following year of death, Distribute based on Table I Use spouse’s current age each year Distributions do not have to begin until owner would have turned 70 1/2 Take entire balance by end of 5th year following year of death, Distribute based on Table I Use beneficiary’s age at year-end following year of owner’s death Reduce beginning life expectancy by 1 for each subsequent year * Table 1 - Single Life Expectancy, Appendix B, Publication 590-B (责任编辑：) |