The April 1, 2025, deadline for required minimum distributions (RMDs) is fast approaching for retirees who turned 73 in 2024.

Most people use the Uniform Lifetime Table to calculate their RMDs. The exception is if your spouse is the sole beneficiary of your account, and they are more than 10 years younger than you.

For an example of how that works, here’s a link to the IRS Uniform Lifetime Table. Let’s say you’re 73 years old. You would have a Life Expectancy Factor of 26.5. If you have an account ...