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IRA RMD Calculator

Estimate Required Minimum Distributions (RMD) for IRAs.

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Inputs

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Results

RMD Amount
Distribution Period26.5

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Assumptions

  • Calculated locally from the inputs shown in this report.

Sensitivity preview

Age at Year End -10%: RMD Amount $18,248.18

Age at Year End Current: RMD Amount $18,867.92

Age at Year End +10%: RMD Amount $24,752.48

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About this RMD Calculator

RMDs are the minimum amounts the IRS requires you to withdraw from your retirement accounts annually once you reach a certain age (currently 73). Failure to take the full RMD can result in heavy penalties (up to 25%).

How to use this calculator

  1. Enter your Age at Year End.
  2. Enter your Account Balance as of December 31st of the prior year.
  3. The tool divides your balance by the IRS Life Expectancy Factor.

Accuracy and testing

Review formula sources, default test cases, assumptions, unit handling, rounding rules, and changelog for this calculator.

View accuracy page

How this calculator works

RMD = Account Balance / Life Expectancy Factor. The factor comes from the IRS Uniform Lifetime Table (for most retirees). As you get older, the factor decreases, meaning you must withdraw a larger percentage of your account.

Inputs explained

Age

Your age on December 31st of the distribution year.

Account Balance

The total value of your Traditional IRAs and 401(k)s at the end of the previous year.

Understanding your results

The RMD Amount is the minimum you must withdraw. You can always withdraw more, but it will be taxable income. This amount must be taken by Dec 31st.

Example scenarios

Age 75

Balance $500,000. Factor 24.6. RMD = $20,325.

Age 85

Balance $500,000. Factor 16.0. RMD = $31,250. Note how the percentage increases with age.

Key Features

  • IRS Table Integration
  • Instant Calculation
  • Factor Display

Things to Keep in Mind

Estimates are based on the Uniform Lifetime Table. If your spouse is more than 10 years younger and is your sole beneficiary, use the Joint Life Expectancy Table for a lower RMD.

Tips & Best Practices

  • If you have multiple IRAs, you can calculate the RMD for each but take the total amount from just one account.
  • Roth IRAs do not have RMDs during the owner's lifetime.
  • Your first RMD can be delayed until April 1 of the year after you turn 73, but you'll have to take two RMDs that year.

Glossary of Terms

Uniform Lifetime Table
The standard IRS table used for calculating RMDs for unmarried owners and owners with spouses not more than 10 years younger.
Distribution Period
The divisor used to calculate the RMD amount.

Frequently Asked Questions

When do I have to take RMDs?
Under the SECURE 2.0 Act, RMDs start at age 73 for those who turn 72 after 2022. The age increases to 75 starting in 2033.
What happens if I miss my RMD?
The penalty is severe: an excise tax of 25% of the amount not withdrawn. This can be reduced to 10% if corrected promptly.
Can I reinvest my RMD?
Yes, but you cannot put it back into a tax-advantaged retirement account. You must take the distribution, pay taxes, and then reinvest in a taxable brokerage account.