Declining years ( nonrecalcualtion)

Definition

Method of determining life expectancy used to calculate post-death distributions, where once the life expectancy is determined in the determination year, 1 is subtracted from it for each subsequent year.

Referring Cite

IRC § 401(a)(9), Treas. Reg. 1.401(a)(9). 

Additional Helpful Information

• If the participant dies before the required beginning date (RBD), the determination year is the year following the year the participant dies
• If the participant dies on or after the RBD, the determination year is  either:
  • The year the participant dies, if the participant has a longer life expectancy than the beneficiary
  • The year following the year the participant dies, if the beneficiary has a longer life expectancy than the participant

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