Sean (age 74 at end of 2016) retired five years ago. The balance in his 401(k) account on December 31, 2015 was $1,700,000 and the balance in his account on December 31, 2016 was $1,800,000. Using the IRS tables below, what is Sean's required minimum distribution for 2016?

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The Answer of Sean (age 74 at end of 2016) retired five years ago. The balance in his 401(k) account on December 31, 2015 was $1,700,000 and the balance in his account on December 31, 2016 was $1,800,000. Using the IRS tables below, what is Sean's required minimum distribution for 2016?

Sean (Age 74 at End of 2016) Retired Five Years