RMD Calculator
Once the IRS requires it, your retirement account must pay out a minimum amount each year. Enter your age and prior-year-end balance to get the required minimum distribution using the IRS Uniform Lifetime Table, plus a multi-year projection.
TheCalculators — RMD Calculator
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Required Minimum Distribution (Age 73)
$11,320.75
$300,000 ÷ 26.5 Uniform Lifetime factor — a 3.77% withdrawal
- Prior-Year-End Balance
- $300,000
- IRS Distribution Period
- 26.5 years
- This Year's RMD
- $11,320.75
- Effective Withdrawal Rate
- 3.77%
- Monthly Equivalent
- $943.40
- Unwithdrawn RMD Penalty
- 25% excise tax (10% if corrected)
Multi-year RMD projection
Based on the IRS Uniform Lifetime Table (Pub 590-B) for ages 72+. Projected balances grow at your estimated return minus each year's RMD. Roth IRAs have no lifetime RMDs for the owner; employer plans may differ if still working.
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Formula
RMD = Prior-year-end balance ÷ IRS Uniform Lifetime distribution period for your age
Pro tips
- • Take the RMD by December 31 (first-year recipients may delay to April 1, which doubles year-two income).
- • A qualified charitable distribution (QCD) up to the annual limit can satisfy part of an RMD tax-free.
FAQ
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