Minimum Distribution Planner

This calculator was designed to allow you to compare alternative distributions based on the beneficiary type selected. 

Note - under the new proposed regs, the death of the beneficiary doesn't impact the distribution pattern to the surviving employee/owner.

Participant/Owner Born: Enter the Month, Day and Year of Birth as MM/DD/YYYY

Beneficiary Born: Enter the Month, Day and Year of Birth as MM/DD/YYYY

Spouse's Beneficiary Born: Enter the Month, Day and Year of Birth as MM/DD/YYYY - used only when the Beneficiary Status is set to Spouse Rollover.

Beneficiary Status:  Indicate the status of the beneficiary.

• Estate/Other - the beneficiary is other than an individual, for example the estate. Factor is based on the owner's life expectancy in the year of death and reduced by one for each elapsed year thereafter.

• Individual - the beneficiary is an individual other than the owner's spouse. Beneficiary life expectancy is determined in the year following the owner's death - in subsequent  years the factor is reduced by 1 for each elapsed year thereafter.

• Spouse - the beneficiary is the spouse of the owner. Beneficiary life expectancy is determined in the year following the owner's death - in subsequent  years the factor recalculated based on the spouse's attained age.

• Spouse Rollover - the beneficiary is the spouse of the owner who is assumed to rollover the IRA assets to her own account and name hew own beneficiary.