IRS Publication On Life Expectancy

By MARY KENNEDY

Published: Jul 15, 2002 12:00 am

WASHINGTON, DC â The Internal Revenue Service has put its new life expectancy tables into separate publication.

Publication 590 SUPP, Supplement to Publication 590, Individual Retirement Arrangements (IRAs), is available through the IRS website at www.irs.gov and may be ordered by phone at 800-TAX-FORM (800-829-3676).

âThis publication will be more convenient for taxpayers who want to use the new distribution rules this year,â said IRS Commissioner Charles O. Rossotti.

The life expectancy tables were part of the final regulations on required distributions from retirement plans that were issued in April. They generally provide for smaller annual distributions, so participants may keep more funds in their tax-deferred plans.

For 2002, taxpayers have the option of using the new life expectancy tables or the tables in the existing Pub 590.

The final regulations, TD 8987, were published in Internal Revenue Bulletin 2002-19, which is also available through the IRS website.

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I want to clarify something that was not clear in my letter. Newtown DOES have an affordable housing plan, put together with the aid of the Council of Governments (COG) in 2022 and approved by the LC that year. The strategies in that plan are to "encourage", "support", "explore", "promote" various aspects of state and local affordable housing programs. Those strategies are largely repeated in the Housing Chapter of the Plan of Conservation and Development being finalized now. Newtown needs to measure its performance against those strategies and refine them to reflect the current situation and evaluate whether we are eligible for a moratorium on 8-30(g) projects if we have met the criteria. It's a question of being more specific and more rigorous in what we as a community would like to see to address this real and serious need, rather than to be on our heels when a developer proposes a project on their terms. An independent look outside the application process would be best for that. Thank you. Peter.

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I on Glover Ave. walk my two Labs every morning and evening. Drivers are constantly cutting me off at the shopping center entrance and other driveways. There is no understanding of pedestrians rights. Drives make left turns onto Queen when its forbidden. Most cars cruse right thru the crosswalks without stopping for pedestrians. The Police have not issued one citation nor even a warming for crosswalk violations. The situation is out of control and now a loved resident, Pete, and a pet, Coby have been killed. Time for a plan. The problem is not Intersections, nor traffic, the problem 98s drivers and lack of enforcement. The plan need to create a culture that drivers obey speed limits and honor pedestrians right of ways. Isn't that the job of the Police Department and The Police Commission, to protect Newtowns citizens. This is a call to action.

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IRS Publication On Life Expectancy

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