Single Life Expectancy Table 2014

Single life expectancy table for inherited iras.

Single life expectancy table 2014.

4 august 14 2017. Ira social security income tax and all things financial. United states 2014 national vital statistics reports vol. Life expectancy at birth e 0 for 2016 for the total population was 78 7 years.

Designated beneficiaries use this single life expectancy table based on their age in the year after the ira owner s death. Life table for males. If the beneficiary is an individual to figure the required minimum distribution for 2020 divide the account balance at the end of 2019 by the appropriate life expectancy from table i single life expectancy in appendix b. Determine the appropriate life expectancy as follows.

Here we present the 2017 period life table for the social security area population for this table the period life expectancy at a given age is the average remaining number of years expected prior to death for a person at that exact age born on january 1 using the mortality. Population by race hispanic origin and sex in tables 1 18. That factor is reduced by one for each succeeding distribution year. Life expectancy and other life table values for each age in 2016 are shown for the total.

Spouse beneficiaries who do not elect to roll the ira over or treat it. Your filing status is single head of household or mar. Getting your financial ducks in a row. For 2014 your roth ira contribution limit is re duced phased out in the following situations.

2014 single life expectancy table. A period life table is based on the mortality experience of a population during a relatively short period of time. Your filing status is married filing jointly or qualifying widow er and your modified agi is at least 181 000. The information provided by fidelity investments is general in nature and should not be considered legal or tax advice.

Life expectancy age of account owner life expectancy age of account owner life expectancy 0 82 4 38 45 6 76 12 7 1 81 6 39 44 6 77 12 1 2 80 6 40 43 6 78 11 4 3 79 7 41 42 7 79 10 8 4 78 7 42 41 7 80 10 2 5 77 7 43 40 7 81 9 7. Spreadsheet version available from. Life expectancy at birth e 0 for 2014 for the total population was 78 9 years. Single life expectancy table.

Irs s table i for single life expectancy. Fidelity does not provide legal or tax advice. You cannot make a roth ira contribution if your modi fied agi is 191 000 or more.