How to Figure IRA Withdrawal (non-Roth)
DH will be 70 1/2 in January 2009. I am not more than 10 years his junior. (I guess he does have time to acquire a trohphy wife, but it's unlikely.)
If I'm reading the rules right, the amount he must take out of his non-Roth IRA is figured on its balance as of Dec. 31, 2008. The divisor is 26.5. Am I correct this far?
OK, now...the withdrawal must be taken by...what date? (April something? 2009?)
Let's use a balance of $100,000 to figure a dollar amount.