Single Life Expectancy Table Calculator

Results from this life expectancy calculator should not be interpreted as definitive.

Single life expectancy table calculator.

Life expectancy tables actuarial life tables. This table can be used by all account owners regardless of marital status or selected beneficiary. This calculator assumes you do not have a terminal illness and does not ask about most serious diseases other than diabetes. These actuarial tables do not apply to valuations under chapter 1 subchapter d relating to qualified retirement arrangements nor.

Sometimes referred to mortality tables death charts or actuarial life tables this information is strictly statistical. The information provided by fidelity investments is general in nature and should not be considered legal or tax advice. Note that the minimum is different for spouses and non spouse beneficiaries. This table does not use your beneficiary s age to calculate your life expectancy.

Results are based on a statistical regression of. This calculator estimates how a given amount of money might translate into monthly income whether through tsp installment payments or through the various life annuity options. To make the comparison easier the calculator only shows monthly tsp installment payments since annuity payments are always monthly. This information has been provided by the us census and social security administration.

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. Actual longevity is based on many factors not all of which are captured here. This calculator determines the minimum required distribution known as both rmd or mrd which is really confusing from an inherited ira based on the irs single life expectancy table. Choosing single life expectancy will produce the highest distribution of the three available.

This calculator will show you the average number of additional years a person can expect to live based only on the gender and date of birth you enter. Section 7520 of the internal revenue code requires the use of a set of actuarial tables for valuing annuities life estates remainders and reversions for all purposes under title 26 except for certain purposes stated in the statute or provided by regulation. Fidelity does not provide legal or tax advice. This is a non sex based life expectancy table.

Determine the appropriate life expectancy as follows.