RMD Calculator

Calculate Required Minimum Distributions from retirement accounts.

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Result

Fill in the fields above, then press Calculate.

Enter your retirement account balance (as of December 31 of the prior year) and your current age. The calculator uses the IRS Uniform Lifetime Table to determine your distribution period and calculates your Required Minimum Distribution. The projection shows how your balance and RMDs change over time.

Examples

First-Year RMD

A 73-year-old with a $500,000 Traditional IRA has a distribution period of 26.5. Their RMD is $500,000 / 26.5 = $18,868. This works out to approximately $1,572 per month.

Frequently Asked Questions

When do RMDs start?
Under the SECURE 2.0 Act, RMDs must begin at age 73 for those born between 1951 and 1959, and age 75 for those born in 1960 or later. Roth IRAs do not require RMDs during the owner's lifetime.
What happens if I miss an RMD?
The penalty for missing an RMD was reduced from 50% to 25% of the shortfall under SECURE 2.0. If corrected promptly, the penalty may be further reduced to 10%.
Can I withdraw more than my RMD?
Yes, the RMD is the minimum amount. You can always withdraw more, but excess withdrawals do not count toward future years' RMDs.
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Quick Tips

Double check your inputs. Ensure units match (e.g., inches vs cm).

Did you know?
Calculators are estimates. Consult professionals for critical decisions.