Share with your friends

Regulations to update tables for required minimum distribution rules, section 401(a)(9) (OIRA review completed)

Regulations to update tables, distribution rules

OMB’s Office of Information and Regulatory Affairs (OIRA) completed its review of U.S. Treasury Department regulations that would update the life expectancy tables that apply for purposes of computing minimum required distributions from qualified retirement plans under section 401(a)(9).


Related content

Treasury regulations that are identified as “major” regulations are subject to review by OMB’s OIRA before being issued, pursuant to Executive Order 13771.

According to OIRA, review the following proposed regulations was completed on October 21, 2019:

  • RIN: 1545-BP11: Regulations under section 401(a)(9) updating life expectancy and distribution period tables for purposes of the required minimum distribution rules 

The proposed regulations are further described on the OIRA website, as follows:

The regulations will update the life expectancy tables that apply for purposes of computing minimum required distributions from qualified retirement plans to more accurately reflect life expectancies based on the latest available empirical data.

Now that OIRA review has been completed, Treasury and the IRS can be expected to release these proposed regulations (the timing of their release is not known).

The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us


Want to do business with KPMG?


loading image Request for proposal