Stinky, Thank you. This gives me a good starting off point for estimating the payouts. Much appreciated.The link that I posted upthread showed the factors per the IRS, as interpreted by North American. Look at the end of the pdf.Catchinup, do you know how Transamerica calculated your RMDs?
I have one of these annuities that was transferred to Transamerica and am planning to leave it to one of my children to help equalize their share of my estate against an income stream my other child will inherit, which can be left to only one child,
I have had no luck finding an online calculator to estimate this. There must have been calculators like this for stretch IRAs, but now that those are no longer possible they seemed to have disappeared.
I do not know if Transamerica would use the same factors. But it they’re promulgated by the IRS, I think there’s a good chance that they’re the same. If not the same, I’d bet they’re pretty close.
Here’s the link again. https://www.northamericancompany.com/do ... 7s%20death
Statistics: Posted by Chrop — Fri Mar 15, 2024 7:11 pm — Replies 9 — Views 598