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By Sarah Brenner, IRA Technical Expert If you have a traditional IRA and are age 70 ½ or older this year, you will have to take a required minimum distribution (RMD) from your IRA for 2015. Your 2015 RMD is calculated by dividing your December 31, 2014 IRA balance by a life expectancy factor. You can determine your life expectancy factor by using life expectancy tables issued by the IRS. You can find these tables in IRS Publication 590-B. Most likely, you will use the Uniform Lifetime Table to determine your life expectancy factor. This table uses your age and the age of a hypothetical beneficiary 10 years younger to determine the life expectancy factor you use to calculate your RMD. However, if your much younger spouse is the only beneficiary listed on your IRA for 2015, you may be able to use the special spousal rule. Here are 8 things you need to know about this rule, which may allow you to take a smaller RMD.