APPENDIX B

WORKSHEET L-1
For Distributions During The IRA Owner's Lifetime

General Instructions to Worksheet L-1

DEFINITIONS:

"Age" means the IRA owner's age in the applicable distribution calendar year.
Note: Use Worksheet L-1 if you are an IRA owner and age 70 ½ or older. Do not use this worksheet if the IRA owner is under age 70½.

"Designated beneficiary (DB)" means the person named as beneficiary under the IRA as of the last day of the calendar year following the calendar year in which the IRA owner died.

"Distribution calendar year" means the calendar year for which a minimum required distribution is being made.

"IRA Owner" means the individual in whose name the IRA has been established.

"Required beginning date (RBD)" means April 1 of the calendar year following the year in which the IRA owner attains age 70 ½. An IRA owner attains age 70 ½ as of the date six calendar months after the 70^th anniversary of the IRA owner's birth.

General Explanation of Required Minimum Distributions (RMDs)
What Are RMDs? The IRA owner's entire interest in his or her IRAs must be distributed, beginning not later than the IRA owner's required beginning date (RBD), in accordance with IRS regulations, over the life of the IRA owner or over the lives of the IRA owner and a designated beneficiary (or over a period not extending beyond the life expectancy of the IRA owner and a designated beneficiary).

When Must RMDs Be Made? For the first distribution calendar year, the IRA owner must take a distribution by April 1 of the calendar year following the year in which the IRA owner attains age 70 ½. For all other distribution calendar years, distributions must be made by December 31 of each distribution calendar year. [Note that in the second distribution calendar year, the IRA owner may have to take two distributions, one by April 1 (which represents the distribution for the IRA owner's first distribution calendar year - the rules allow IRA owner's to delay their initial distribution until April 1 of the year following the year in which they reach age 70 ½) and the other by December 31.]

How Much Must Be Distributed? Each distribution calendar year the IRA owner must withdraw from his or her IRA an amount that will result in the level amortization and distribution of the IRA owner's total interest in all of his or her IRAs during his or her lifetime. The IRA owner can, of course, take a larger distribution. To figure out how much must be distributed to a particular IRA owner for a distribution calendar year, you generally add up the account balances of all of his or her IRAs as of the December 31 immediately before the applicable distribution calendar year, then divide the total by the IRA owner's distribution period, expressed as a number of years, as provided on Table A below.

Note: If the IRA owner transfers the IRA from one custodian to another, but the transfer is not completed until the following calendar year, the amounts transferred must be treated as if they were still included in the original IRA account as of December 31.

Are There Special Rules For Spouses? Yes. If the DB of the IRA is the IRA owner's spouse, and the spouse is more than 10 years younger than the IRA owner, instead of using the distribution periods shown in Table A below, you should calculate the joint life expectancies of the IRA owner and his or her spouse using Table C below. Using joint life expectancies will generally result in a longer payout period and smaller annual RMDs.

Before completing Worksheet L-1, answer the following questions.

IF THE ANSWER TO A OR B IS "YES," DO NOT USE THIS WORKSHEET. IF THE ANSWER TO A, B, C OR D IS "NO," USE BOX 1 BELOW.

Box 1: Lifetime Distributions
1.	IRA owner's age.
2.	Calculate the distribution period from Table A below.
3.	Enter total account balances of all the owner's IRAs as of 12/31 of the calendar year before the distribution calendar year.
4.	Divide Line 3 by Line 2.
This amount is the required distribution from all of the owner's IRAs, except those IRAs for which Box 2 is applicable.

Line by Line Instructions for Box 1

Line 1: Enter the IRA owner's age in the applicable distribution calendar year.

Line 2: Find the IRA owner's age on the distribution period table (Table A below) and identify the corresponding distribution period from the table. Enter this number on Line 2.

Line 3: If the IRA owner has more than one IRA, you should aggregate all IRAs together and complete Box 1 for the total of the IRAs. (You may complete a separate Box 1 calculation for each IRA, if you prefer). The account balances of the IRAs as of the December 31 of the calendar year immediately preceding the calendar year for which distributions are being made will be used for making this determination.

Line 4: This total is required to be distributed for the distribution calendar year. If the IRA owner has multiple IRAs, this is the total amount that must be distributed from all IRAs combined, except those IRAs for which Box 2 is applicable. The IRA owner may elect to take the entire distribution from one IRA or to take a portion of the required distribution from several IRAs.

Box 2: If the DB is IRA Owner's Spouse and is more than 10 years younger than IRA Owner
1.	Determine the joint life expectancy of the IRA owner and his or her spouse using Table C below.
2.	Enter total account balances of all the owner's IRAs for which the spouse is the DB as of 12/31 of the calendar year before the distribution calendar year.
3.	Divide Line 2 by Line 1.
This amount is the required distribution from all of the owner's IRAs for which the spouse is the DB.

Line by Line Instructions for Box 2

Line 1: Find the IRA owner's age and his or her spouse's age on Table C below and identify the corresponding distribution period from the table. Enter this number on Line 1.

Line 2: If the IRA owner has more than one IRA for which the spouse is the beneficiary, you should aggregate the IRAs and complete Box 2 for the total of the IRAs. (You may complete a separate Box 2 calculation for each IRA for which the spouse is the beneficiary if you prefer.) The combined account balances as of December 31 of the preceding calendar year for which the distributions are being made of all of the IRAs for which the spouse is the beneficiary will be used for making this determination.

Line 3: This total is required to be distributed for the distribution calendar year. If the IRA owner has multiple IRAs for which the spouse is the beneficiary, this is the total amount that must be distributed from all IRAs for which the spouse is the beneficiary. The IRA owner may elect to take the entire distribution from one IRA or take a portion of the required distribution from several IRAs.

WORKSHEET D-1

FOR DISTRIBUTIONS TO
BENEFICIARIES AFTER THE IRA OWNER'S DEATH

GENERAL INSTRUCTIONS TO WORKSHEET D-1

If you are the IRA owner's surviving spouse, you are the beneficiary of the IRA and you have made a tax-free rollover of the IRA account balance to your IRA or treat the IRA as your own, then use Worksheet L-1; otherwise, use Worksheet D-1 if the IRA owner is deceased to calculate RMD amounts. If you are not the IRA owner's spouse, but you are the beneficiary of the IRA, see instructions below on how to complete Worksheet D-1.

Alternatively, you may use the 5-year method of calculating RMDs. Under this method, the entire balance in the IRA must be distributed no later than the 5^th year after the IRA owner's death. See IRS Publication 590 or your tax advisor for further explanation.

Before completing Worksheet D-1, answer the following questions. If the answer to A is "Yes," do not use this Worksheet.

A.	Is the IRA owner alive? If the IRA owner is alive, use Worksheet L-1.	_ Yes	_ No
B.	Is the designated beneficiary (DB) the IRA owner's spouse? If the DB is the IRA owner's spouse, special rules apply for distributions after the IRA owner's death. See Box 2 below.	_ Yes	_ No
C.	Is the DB a trust, estate, charity, corporation or other non-individual or is there no DB? If the DB is a trust, the IRA will be treated as not having a DB unless all of the following apply: 1. The trust is a valid trust under state law or would be but for the fact that there is no principal. 2. The trust is irrevocable or by its terms will become irrevocable upon the death of the IRA owner. 3. The beneficiaries are identifiable from the terms of the trust and a copy of the trust is provided to the IRA vendor by the end of the year following the year in which the IRA owner died. If the preceding requirements are satisfied then treat the oldest beneficiary of the trust as the DB and go to Box 1 of Worksheet D-1. If the preceding requirements are not satisfied, continue with the instructions, or if your situation is not addressed in the instructions, see IRS Publication 590 or your tax adviser. If the DB is an estate, a charity, a corporation, other non-individual or a trust that does not satisfy requirements 1 through 3 above, the IRA is treated as not having a DB. Accordingly, the applicable distribution period is measured by the IRA owner's remaining life expectancy (see Table C) using the IRA owner's age as of his or her birthday in the calendar year of the IRA owner's death. In future calendar years, the applicable distribution period is reduced by one for each calendar year that has passed since the calendar year in which the IRA owner died.	_ Yes	_ No
D.	Are any of the IRAs divided into separate shares for different DBs? If the IRA is maintained in separate shares for each DB, complete a Worksheet D-1 for each DB who is entitled to a separate share of the IRA. However, if the IRA is not a separate share IRA, the life expectancy (see Table C) of the oldest DB is used to determine the RMD.	_ Yes	_ No

Box 1: Distributions to Beneficiaries After IRA Owner's Death
1.	DB's age in calendar year following the year of the IRA owner's death.
2.	Determine DB's life expectancy using age from Line 1 and Table C below.
3.	Calendar years since calendar year in which age on Line 1 was determined.
4.	Subtract Line 3 from Line 2.
5.	Enter the account balance of the DB's inherited IRA as of 12/31 of the calendar year before the distribution calendar year.
6.	Divide Line 5 by Line 4.
This amount is the RMD from the DB's inherited IRA. If the DB has more than one inherited IRA from which distributions are required, see Instructions, Line 6.

Line by Line Instructions to Box 1

Line 1: Enter the DB's age in the calendar year following the year of the IRA owner's death.

Line 2: Find the DB's age on Table C and identify the corresponding life expectancy for that age. Enter the number on Line 2 of Box 1.

Line 3: Add one year to the DB's age for each year after the DB's age was originally determined. Enter the number on Line 3 of Box 1.

Line 4: Subtract the number on Line 3 from the number on Line 2.

Line 5: Enter the account balance of the IRA as of the December 31 of the calendar year immediately preceding the calendar year for which distributions are being made. If you are the beneficiary of more than one IRA, you should calculate the RMD for each IRA separately under this Worksheet D-1.

Line 6: This amount is required to be distributed for the distribution calendar year. If the DB has multiple inherited IRAs, the RMD as calculated in this Worksheet D-1 may be combined with the RMDs calculated for the other inherited IRAs and the DB may elect to take the entire distribution from one inherited IRA or to take a portion of the required distribution from several inherited IRAs.

Box 2: If the DB is IRA Owner's Spouse
1.	Determine the life expectancy of the IRA owner's spouse using Table B below, as of the calendar year following the year of the IRA owner's death.
2.	Enter the account balance of the IRA as of 12/31 of the calendar year before the distribution calendar year.
3.	Divide Line 2 by Line 1.
This amount is the RMD from the IRA.

Line by Line Instructions to Box 2

A surviving spouse may rollover a deceased owner's IRA into a new IRA under the name of the spouse (or treat the IRA as his or her own IRA). In that situation the RMD is determined under Worksheet L-1, not Worksheet D-1.

RMDs for a spouse who is a DB must begin by the later of (i) the end of the calendar year immediately following the calendar year in which the IRA owner died or (ii) the end of the calendar year in which the IRA owner would have attained age 70 ½.

Line 1: Find the IRA owner's spouse age on Table B and identify the corresponding life expectancy as of the calendar year following the year of the IRA owner's death.

Line 2: Enter the combined account balances as of December 31 of the calendar year immediately preceding the year for which the distributions are being made of all of the IRAs for which the spouse is the beneficiary.

Line 3: This amount is required to be distributed for the distribution calendar year. If the IRA owner's spouse has multiple inherited IRAs, the RMD calculated on this worksheet may be combined with the RMDs calculated for other IRAs of the IRA owner for which the spouse is the beneficiary. The IRA owner's spouse may elect to take the entire distribution from one IRA for which the spouse is the beneficiary or from multiple IRAs for which the spouse is the beneficiary.

TABLE A		TABLE B		TABLE C
DISTRIBUTION PERIOD TABLE		LIFE EXPECTANCY TABLE FOR SURVIVING SPOUSES		LIFE EXPECTANCY TABLE FOR ALL OTHERS
Age of the IRA Owner	Distribution period	Age of the Surviving Spouse	Life Expectancy Factor	Age of the IRA Owner (and/or DB)	Life Expectancy Factor
70	26.2	Insert Table V from Treasury Regulations Section 1.72-9		Insert Table VI from Treasury Regulations Section 1.72-9
71	25.3
72	24.4
73	23.5
74	22.7
75	21.8
76	20.9
77	20.1
78	19.2
79	18.4
80	17.7
81	16.8
82	16.0
83	15.3
84	14.5
85	13.8
86	13.1
87	12.4
88	11.8
89	11.1
90	10.5
91	9.9
92	9.4
93	8.8
94	8.3
95	7.8
96	7.3
97	6.9
98	6.5
99	6.1
100	5.7
101	5.3
102	5.0
103	4.7
104	4.4
105	4.1
106	3.8
107	3.6
108	3.3
109	3.1
110	2.8
111	2.6
112	2.4
113	2.2
114	2.0
115 and older	1.8