## What is the percentage of RMD for 2021?

The percentage of the account that must be distributed as an RMD is 3.66%.

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**What are the new RMD rates for 2022?**

To calculate your RMD, look up the distribution period for age 74, which is 25.5. Divide $500,000 by 25.5 to get your 2022 RMD of $19,608. That’s the RMD amount that you will need to take out of your IRA before 12/31/2022 using the new 2022 tables.

### Are the RMD tables changing?

In November 2020, the IRS issued new life expectancy tables. These new tables are effective January 1, 2022. This was the first change in the RMD tables since 2002 and was intended to reflect the improvement in mortality rates over that period.

**Is there a new RMD table for 2020?**

The age for withdrawing from retirement accounts was increased in 2020 to 72 from 70.5. Therefore, your first RMD must be taken by April 1 of the year in which you turn 72….IRA Required Minimum Distribution (RMD) Table for 2022.

IRA Required Minimum Distributions | |
---|---|

Age | Distribution Period in Years |

72 | 27.4 |

73 | 26.5 |

74 | 25.5 |

## Did the RMD tables change?

In 2020, the IRS updated the table to reflect its assumptions of longer life expectancies (this work was done before COVID-19, which reduced the average life expectancy for Americans by 1.8 years). These changes just went into effect on Jan. 1, 2022.

**What is the percentage of RMD at 72?**

You’d still follow the same IRA withdraw rules listed above. If you have multiple retirement plans such as a 401(k) and a traditional IRA you need to calculate RMDs for each plan separately….RMD Tables.

IRS Uniform Lifetime Table | |
---|---|

Age | Life Expectancy Factor |

72 | 25.6 |

73 | 24.7 |

74 | 23.8 |

### Which life expectancy table is used for RMD?

Account balance / Life expectancy factor = RMD

Account owner’s age* | Life expectancy factor |
---|---|

72 | 27.4 |

73 | 26.5 |

74 | 25.5 |

75 | 24.6 |

**What is the RMD for a 73 year old?**

24.7

RMD Tables

IRS Uniform Lifetime Table | |
---|---|

Age | Life Expectancy Factor |

72 | 25.6 |

73 | 24.7 |

74 | 23.8 |