IRA Required Minimum Distributions
Participant/Owner Born: Enter the Month, Day and Year of Birth as MM/DD/YYYY
Recalculate Participant's Life Expectancy: Answer Yes to do an annual Recalculation
or No to do a Term Certain calculation.
Beneficiary Born: Enter the Month, Day and Year of Birth as MM/DD/YYYY
Recalculate Beneficiary's Life Expectancy: Answer Yes to do an annual Recalculation
or No to do a Term Certain calculation. To do an annual recalculation, the beneficiary
must be the spouse of the owner/participant.
This entry is only used by the OLD calculations.
Are Participant and Beneficiary Married:
Answer Yes if the Beneficiary is the Owner's spouse. This entry is only used by
the OLD calculations.
Use Joint Life Expectancy Calculations:
Answer Yes to perform joint calculations or No to only use the life expectancy of
the Owner/Participant. This entry is only used by the OLD calculations.
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