RMD Calculator
Calculate Required Minimum Distributions from your retirement accounts.
RMDs start at age 73 (born 1951+)
Understanding RMDs
What are RMDs? Required Minimum Distributions are mandatory withdrawals from traditional IRAs and 401(k)s starting at age 73 (for those born 1951 or later).
Penalty for missing: Failing to take your RMD results in a 25% penalty on the amount not withdrawn (reduced from 50% in 2023).
Calculation: RMD = Account Balance ÷ Distribution Period. The IRS publishes life expectancy tables used to determine your distribution period.
Roth IRAs: No RMDs required during the owner's lifetime. Roth 401(k)s also have no RMDs as of 2024.
This calculator provides estimates for educational purposes only.