You generally must start taking required minimum distributions (RMDs) from IRAs and employer-sponsored retirement plans when you reach age 70. The older partner benefits from a rule that allows him or her to take less out then a peer with a similar-age spouse in age-gap couples.
To benefit from this split RMD calculation dining table, your better half should be your beneficiary on a conventional IRA, 401(k), 403(b), or 457 plan, and also needs to be at the least ten years more youthful. As an example, a 72-year-old retiree having an IRA balance of $219,790—the normal quantity a 70-year-old has within an IRA, in accordance with the worker Benefit analysis Institute—would have actually an RMD of $8,586.