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Calculate your Required Minimum Distribution using IRS Uniform Lifetime Tables. Estimate RMD amounts for Traditional IRA, 401(k), and 403(b) accounts.
Required Minimum Distribution (RMD) Calculator
Enter your details below to calculate your results.
RMD Amount
$0
Est. Federal Tax (22%)
$0
Remaining Balance
$0
Disclaimer: The information and calculations provided by this tool are for educational and informational purposes only and should not be construed as professional financial advice. Always consult with a qualified financial advisor before making financial decisions.
Required Minimum Distributions (RMDs) are mandatory annual withdrawals that retirement account holders must take from tax-deferred accounts starting at age 73 (as of the SECURE 2.0 Act). The IRS requires these distributions to ensure that tax-deferred retirement savings are eventually taxed as income. Failure to take your full RMD results in a steep 25% excise tax on the amount not withdrawn (reduced from the previous 50% penalty).
RMDs apply to Traditional IRAs, SEP IRAs, SIMPLE IRAs, 401(k) plans, 403(b) plans, 457(b) plans, and profit-sharing plans. Roth IRAs do not require RMDs during the owner's lifetime, making them valuable estate planning tools. The RMD amount is calculated by dividing your account balance as of December 31 of the previous year by the distribution period from the IRS Uniform Lifetime Table based on your age.
Planning for RMDs is crucial because they increase your taxable income, potentially pushing you into a higher tax bracket, increasing Medicare premiums (IRMAA surcharges), and making more of your Social Security benefits taxable. Strategic Roth conversions before age 73 can reduce future RMD obligations and overall tax burden.
How to Use This Required Minimum Distribution (RMD) Calculator
Follow these simple steps to get accurate results:
Enter your financial details in the calculator form above. Fill in all required fields with your specific numbers.
Review the default values and adjust them to match your situation. Default values represent common scenarios.
Click "Calculate" to see your personalized results instantly displayed below the form.
Compare scenarios by adjusting values and recalculating. Try different inputs to understand how changes affect outcomes.
Use the results to inform your financial decisions. Consider consulting a financial professional for complex situations.
Pro Tip: Bookmark this calculator and return whenever you need to run new scenarios or update your calculations with current numbers.
RMD Formula
RMD = Account Balance ÷ Distribution Period
Where each variable represents:
RMD = Required Minimum Distribution for the year
Account Balance = Balance as of December 31 of previous year
Distribution Period = Factor from IRS Uniform Lifetime Table based on age
Worked Example
For a $500,000 Traditional IRA at age 75: Distribution Period (age 75) = 24.6 years RMD = $500,000 / 24.6 RMD = $20,325.20
Limitations and Assumptions
This calculator provides estimates based on the inputs you provide and standard financial formulas. Actual results may vary due to factors such as changing interest rates, tax law modifications, fees, and individual financial circumstances. Always consult with a qualified financial professional before making major financial decisions.
RMD Amounts by Age and Account Balance
Age
$250,000
$500,000
$750,000
$1,000,000
73
$9,434
$18,868
$28,302
$37,736
75
$10,163
$20,325
$30,488
$40,650
80
$12,376
$24,752
$37,129
$49,505
85
$15,625
$31,250
$46,875
$62,500
90
$20,492
$40,984
$61,475
$81,967
Frequently Asked Questions
Under the SECURE 2.0 Act, you must begin taking RMDs by April 1 of the year after you turn 73. This applies to accounts like Traditional IRAs, 401(k)s, and 403(b)s. Roth IRAs are exempt from RMDs during the owner's lifetime.
Missing an RMD triggers a 25% excise tax on the amount not withdrawn (reduced from 50% under SECURE 2.0). If you correct the error within two years, the penalty drops to 10%. File IRS Form 5329 and take the missed distribution as soon as possible.
Yes, you can always withdraw more than the required minimum. However, excess withdrawals do not count toward future years' RMDs. All withdrawals from traditional accounts are taxed as ordinary income, so plan carefully to manage your tax bracket.
No, Roth IRAs do not require RMDs during the account owner's lifetime. This makes Roth conversions before age 73 a valuable strategy to reduce future RMD obligations. However, inherited Roth IRAs may have distribution requirements for beneficiaries.
RMDs are taxed as ordinary income and can push you into a higher tax bracket, increase Medicare IRMAA surcharges, and make up to 85% of Social Security benefits taxable. Strategic planning with Roth conversions and qualified charitable distributions (QCDs) can help manage the tax impact.
