How living longer can pay off for these retirees
Senior man celebrates his 90th birthday
Urbazon / GettyA change proposed by the IRS could alter how much retirees are required to withdraw each year from their traditional retirement accounts.
The reason? People are living longer now than when the agency last issued its tables for required minimum distributions in 2002.
As a result, the IRS is likely to bump up average life expectancy estimates…