Question
1.Use the information below to determine the required minimum distribution that Joe Kingston must take from his IRA in 2017. Age he reaches during 2017
1.Use the information below to determine the required minimum distribution that Joe Kingston must take from his IRA in 2017.
Age he reaches during 2017 72
Acct balance Dec 31, 2016 $250,000
Uniform Lifetime Table
EE Age Dist Period
70 27.4
71 26.5
72 25.6
73 24.7
74 23.8
75 22.9
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Payroll Accounting 2017
Authors: Jeanette Landin, Paulette Schirmer
3rd edition
1259572188, 1259572180, 1259742512, 9781259742514, 978-1259572180
