RMD Calculator - Calculator See


RMD Calculator

Calculate mandatory IRS Required Minimum Distributions (RMD) from Traditional IRAs and 401(k) accounts based on your age and account balances.

Calculator Inputs

yrs
RMD starts at age 73 under SECURE 2.0.
$
Balance on Dec 31 of preceding year.

Calculated Results

Mandatory Annual RMD Amount
$18,867.92 / year
IRS Distribution Period Factor 26.5 (Uniform Lifetime Table)
Required Monthly Withdrawal $1,572.33 / month
Remaining Account Balance $481,132.08
Values calculate live as you adjust inputs.

About RMD Calculator

Calculates minimum legal taxable withdrawal amounts required annually by the IRS from pre-tax retirement accounts once you reach age 73.

What is RMD Calculator?

Calculates minimum legal taxable withdrawal amounts required annually by the IRS from pre-tax retirement accounts once you reach age 73.

How to Use This Calculator

  1. Enter your current age (73 or older).
  2. Enter prior year December 31 balance across all Traditional IRAs.
  3. View required annual distribution amount and monthly schedule.

The Mathematical Formula & Variables

RMD = Prior Year Dec 31 Balance / IRS Life Expectancy Factor

Step-by-Step Worked Example

Scenario: Age 73 with $500,000 balance on Dec 31.

  1. IRS Uniform Lifetime Table distribution period for age 73 = 26.5.
  2. RMD = $500,000 / 26.5 = $18,867.92.
  3. Monthly withdrawal = $1,572.33.

Result: $18,867.92 / year

Frequently Asked Questions

What is the penalty for failing to take an RMD?

Under SECURE 2.0, the penalty is an excise tax of 25% of the untaken RMD amount (reduced to 10% if corrected promptly).