Now I am really confused. How much and how ... - MS Estate Planning

Now lets talk about how much.

The RMD will depend upon the type of retirement plan and the options available under the plan. ?There are two general options that satisfy the Minimum Distribution Rules: the annuity method and the life expectancy method.

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The Annuity Method

As discussed previously, an annuity is a guaranteed stream of income for the rest of your life. ?Under the Annuity Method, as long as the periodic payments are made in intervals no longer than one year and any term certain period is not longer than 20 years, the Minimum Distribution Rules will be satisfied if the first periodic payment begins by your Required Beginning Date. ?Normally this method is available only for defined benefit Qualified Plans, and certain IRAs that are designed as an annuity.

Excerpt from The Complete Guide to Estate and Financial Planning in Turbulent Times (Collaborative Press, 2011) - Walt Dallas, Contributing Author

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Source: http://blog.estateplanning123.com/2012/08/retirement-planning-now-i-am-really-confused-how-much-and-how-often-do-i-need-to-take-distributions--2.html

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