Calculate your Required Minimum Distribution from retirement accounts. Determine the annual amount you must withdraw based on your age and account balance.
Once you turn 73, the IRS requires you to start withdrawing from your traditional IRA and 401(k) accounts. The required minimum distribution (RMD) is calculated using IRS life expectancy tables. Failing to take your RMD results in a steep 25% penalty on the amount not withdrawn.
Results are estimates only. Not financial advice.
🔒 Financial Disclaimer: These calculations are estimates for informational purposes only. Results are not financial advice. Consult a qualified financial advisor before making major financial decisions.
Calculations based on publicly available data from government agencies. Actual results may vary based on individual circumstances.
This RMD calculator determines the minimum amount you must withdraw annually from Traditional IRA, 401(k), and other tax-deferred retirement accounts starting at age 73 under current SECURE 2.0 Act rules. The calculation uses the IRS Uniform Lifetime Table, which factors in life expectancy based on your age to determine the distribution period over which your account must be depleted. Failing to take the full RMD results in a severe 25% penalty on the shortfall, making accurate RMD calculations essential for retirement tax compliance. The calculator shows your annual RMD amount, the corresponding monthly income stream it would provide if distributed evenly, and the total life expectancy divisor used by the IRS. Understanding your RMD obligations helps with tax planning and ensuring you take distributions on time each year.
Result: For a $500,000 Traditional IRA at age 75, the IRS life expectancy factor is 22.0. Your required minimum distribution would be approximately $22,727/year ($500,000 ÷ 22.0), or about $1,894/month. This amount is taxed as ordinary income in the year received.
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