Calculate the exact amount you are required to withdraw from your retirement accounts this year.
RMD Calculator
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How to Use This Calculator
Enter your current age and your account balance on December 31st of the previous year.
Frequently Asked Questions
At what age do RMDs start?
Under current IRS rules, RMDs begin at age 73.
Why must I use the RMD Calculator?
The IRS forces you to withdraw a minimum amount from your tax-advantaged accounts. The RMD Calculator ensures you know that exact amount.
What happens if I ignore the RMD Calculator result?
The IRS imposes a severe tax penalty (up to 25%) on the amount you failed to withdraw. The RMD Calculator helps prevent this.
Does the RMD Calculator apply to Roth IRAs?
No! Roth IRAs do not have Required Minimum Distributions during the owner’s lifetime, so the RMD Calculator does not apply to them.
What balance does the RMD Calculator use?
The RMD Calculator strictly uses the account balance from December 31st of the *previous* year.