For example, the life expectancy at age 70 is 27.4 years under the current Uniform Lifetime Table but 29.1 years under the new table. And for tax year 2022, there will be new life expectancy tables, including the most commonly used Uniform Lifetime Table, created in November 2020 to reflect our actuarially longer life spans. Proposed Date of Applicability . Using the Uniform Lifetime Table set forth in the proposed regulations, this IRA owner would use a life expectancy of 29.1 years to calculate RMDs. Under the proposed table, the spouse would use a life expectancy of 14.8 years. Effective Jan. 1, 2022, a later RMD trigger age of 72 takes effect. Using the new life expectancies will lead to smaller RMDs. The life expectancy tables and uniform lifetime table under the proposed regulations would apply for distribution calendar years beginning on or after January 1, 2021. Note that all of these examples are based upon Table III (Uniform Lifetime Tables), per IRS Publication 590. The life expectancy tables and Uniform Lifetime Table under these proposed regulations would apply for distribution calendar years beginning on or after January 1, 2021. In general, the RMD amount is decreasing 3% to nearly 8%, depending on age. There were no RMDs in 2020. The new tables reflect longer life expectancies — on average, between one and two years longer than the current tables. The life expectancy and distribution period tables in the proposed regulations have been developed based on mortality rates for 2021. Under the current Uniform Lifetime Table, which still applies through 2020, the divisor for age 75 is 22.9, so his 2020 RMD is $87,336. The life expectancy tables and Uniform Lifetime Table under these proposed regulations would apply for distribution calendar years beginning on or after January 1, 2021. UPDATE, Nov. 9, 2020: This RMD table is in effect through tax year 2021. The life expectancy tables and Uniform Lifetime Table under these proposed regulations would apply for distribution calendar years beginning on or after January 1, 2021. The life expectancy tables and the Uniform Lifetime Table under the proposed regulations were developed based on mortality rates for 2021, the IRS notes, and would apply for distribution calendar years beginning on or after Jan. 1, 2021.

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