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RMD Calculator

Calculate your Required Minimum Distribution (RMD) from traditional IRAs and other retirement accounts based on IRS rules.

RMD Inputs

Current Year RMD

Your Required Minimum Distribution
$0
Distribution Period (Factor)
—
Your Age in RMD Year
—
Important:
You must withdraw at least this amount by December 31 of the RMD year. Failure to do so may result in a 25% penalty (reduced to 10% if corrected timely).

Future RMD Projections

Year Your Age Distribution Period RMD Amount End of Year Balance

RMD Calculator Guide

What is an RMD?

Required Minimum Distribution (RMD) is the minimum amount you must withdraw annually from your traditional IRA, 401(k), or other tax-deferred retirement accounts once you reach a certain age. The purpose is to ensure that retirement savings are eventually taxed.

Key Rules

  • RMD Starting Age: 73 (for those born 1951-1959), increasing to 75 for those born in 1960 or later (SECURE Act 2.0).
  • Deadline: Must be taken by December 31 each year (first RMD can be delayed until April 1 of the following year).
  • Penalty: 25% of the amount not withdrawn (can be reduced to 10% if corrected in a timely manner).
  • Calculation: RMD = Account Balance (as of Dec 31 previous year) ÷ Distribution Period (from IRS Uniform Lifetime Table).

How This Calculator Works

RMD Formula:
RMD = Account Balance ÷ Distribution Period

The Distribution Period comes from the IRS Uniform Lifetime Table based on your age. We also project future years assuming you earn the expected return and withdraw the RMD each year.

Important Notes

  • RMDs apply to Traditional IRAs, SEP IRAs, SIMPLE IRAs, and most employer-sponsored plans (like 401k).
  • Roth IRAs do not have RMDs during the owner's lifetime.
  • You can always withdraw more than the RMD, but not less.
  • Consider tax planning — large RMDs can push you into higher tax brackets or affect Medicare premiums.