The IRS's new Single Life Expectancy table to be used in 2022 and after shows that the life expectancy at age 53 is 33.4 years. That is 2 years more than the Single Life Expectancy shown in the previous actuarial table.
My understanding is that for non-spousal IRAs inherited many years ago where the beneficiary has been taking RMDs calculated using the old table, for 2022 the derived life expectancy used for the RMD will be calculated "as if" the new table was in use all along. So where the old table required a life expectancy figure of 11.4 years for 2022, the beneficiary would instead use 13.4 years in the RMD calculation, the figure derived from the new table.
Is my understanding correct?
