Suggestions

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Add choice for 72t life expectancy tables

I love the 72t function, I plan on using it. But note there are different tables allowed under Amortization method which can give pretty different results. Kindly suggest a dropdown to select Single, Joint, or Uniform.

And a minor note: the ToolTip says “The interest rate used in 72t distribution calculations must be no greater than 120% of the federal mid-term rate.” but it can also go up to 5% (As your ToolTip link suggests). This is due to semi-recent legislation. Thank you!

(see Question 5. in the Link below)

Related: www.irs.gov/retirement-plans/substantially-equal-periodic-payments

1 vote

Tagged as Suggestion

Suggested 21 November 2023 by user Rick Nelson