|Account balance as of 12/31 of year prior to distribution year||ACCOUNT_BALANCE|
|Your age as of 12/31 of distribution year||YOUR_AGE|
|Is your birthday after June 30th?||BIRTHDAY_AFTER_JUNE30|
|Is your spouse your only beneficiary and more than ten years younger?||IS_BENE_SPOUSE_WITH_AGE|
|Rate of return (provides an estimate of future RMDs)||RATE_OF_RETURN|
|Life expectancy||APPLICABLE_LIFE_EXPECTANCY years, calculated using the IRS USE_MDIB.|
|Required minimum distribution (RMD)||MINIMUM_DISTRIBUTION|
The new IRS rules use a uniform table to calculate all life expectancies for determining a minimum distribution. The only exception to this rule is if the only beneficiary is a spouse and he or she is more than 10 years younger than the account owner. In this situation, the joint life expectancy table is used. The Joint Life expectancy table normally produces lower required distributions.
It is important to remember that these scenarios are hypothetical and that future rates of return can't be predicted with certainty and that investments that pay higher rates of return are generally subject to higher risk and volatility. The actual rate of return on investments can vary widely over time, especially for long-term investments. This includes the potential loss of principal on your investment. It is not possible to invest directly in an index and the compounded rate of return noted above does not reflect sales charges and other fees that Separate Account investment funds and/or investment companies may charge.
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