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Posted on Oct 06, 2024

oan, age 5 4 , would like to take substantially equal periodic payments from her IRA until she turns 6 0 . Which of the

oan, age

54,

would like to take substantially equal periodic payments from her IRA until she turns

60 .

Which of the following facts do you need to know to calculate IRA payments to Joan using the fixed amortization and fixed annuitization methods?

Joan's IRA account balance

Federal long

-

term interest rate

Joan's life expectancy

Annuity factor for Joan's life expectancy

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