RMD Calculator
Calculate your Required Minimum Distribution (RMD) from retirement accounts with our comprehensive calculator. Determine withdrawal amounts based on IRS life expectancy tables and account balances.
Step 1: Account Information
About RMDs
Required Minimum Distributions (RMDs) are amounts that retirement plan account owners must withdraw annually starting at age 72 (73 if born after 1959). Failure to take RMDs results in a 25% penalty tax.
Step 2: Calculation Parameters
Life Expectancy Tables
The IRS uses three life expectancy tables to calculate RMDs: Uniform Lifetime (most retirees), Joint and Last Survivor (if spouse is sole beneficiary and more than 10 years younger), and Single Life (inherited IRAs).
RMD Calculation Results
This Year’s Required Minimum Distribution
10-Year RMD Projection
| Year | Age | Beginning Balance | RMD Amount | After-Tax Distribution | Ending Balance |
|---|
IRS Uniform Lifetime Table (Ages 72-100+)
| Age | Distribution Period | Life Expectancy Factor | Sample RMD for $100k |
|---|
RMD Calculation Formula
RMD = Account Balance ÷ Life Expectancy Factor
To calculate your RMD: Divide your retirement account balance as of December 31 of the previous year by the distribution period from the applicable IRS life expectancy table.
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