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Personal Finance and Investing

question everything

(49,757 posts) Sun Jan 30, 2022, 05:04 PM Jan 2022

Is anyone planning on taking RMD from Vanguard and has received the information? [View all]

Their calculations are wrong, wrong, wrong.

Publication 520 Appendix B Table III lists the denominators which go down as we age.

For spouse they have used the denominator for a two years younger person. For mine - a number which is not even in the table!

Have been calculating it again and again.

Correction. My denominator is in.. for someone two years younger. It was used for my 2020 RMD

14 replies

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Is anyone planning on taking RMD from Vanguard and has received the information? [View all] question everything Jan 2022 OP

I don't have my numbers. DURHAM D Jan 2022 #1

I got an email that the confirmation was ready question everything Jan 2022 #3

Check the date on the table Yonnie3 Jan 2022 #2

The most recent one I found was for 2020, the same. question everything Jan 2022 #4

IRS apparently hasn't issued it - I could't find it either Yonnie3 Jan 2022 #5

Thank you. Yes, I am looking at the Uniform Lifetime and they switched everything by two years question everything Jan 2022 #7

Maybe they changed it based Turbineguy Jan 2022 #8

It is based on an increased life expectancy n/t Yonnie3 Jan 2022 #9

I just looked at my Vanguard account Yonnie3 Jan 2022 #6

The RMD charts were changed at 74 mine was 24.7, it was changed to 25.5 this year. doc03 Jan 2022 #10

You found it on irs.gov? question everything Jan 2022 #11

I think that is where I got it. Federal Register/Vol. 85 No. 219/ Thursday November, 12, 2020/ doc03 Jan 2022 #12

Here is the chart scroll down to Uniform Lifetime Table III doc03 Jan 2022 #13

Thank you. Yes, same link that Yonnie3, above provided question everything Jan 2022 #14