Somewhere I read that the IRS was going to change the Uniform Lifetime Table
such that RMD’s for 2021 and beyond would be a bit lower than required by current table. Is that correct? has a new table been issued?
The IRS has not formally accepted the proposal as yet. IRA and qualified plan administrators need a couple months lead time to program their systems each year, so if the IRS has still not accepted the proposal by the end of October, they likely will not apply at least for 2021.
The final Regs for the proposed new RMD tables is due to be published on 11/12/2020. Unfortunately, the effective dates for the new tables has been pushed back to 1/1/2022, apparently due to complications of the Secure Act. Too much at once, aggravated by Covid.