What is the RMD factor for age 73 and how is it calculated?
According to the IRS, for a retirement account holder who turns 73 in the current year, the life expectancy factor is 26.5. This factor is critical for answering the question, "What is the RMD factor for age 73?", and is used to determine the minimum amount you must withdraw from your tax-deferred retirement accounts annually, such as a traditional IRA or 401(k).