RMD Calculator
Calculate Required Minimum Distributions from retirement accounts. See IRS life expectancy tables and project future RMDs with tax estimates.
RMD Results
Current RMD
$18,868
3.77% of balance
Distribution Period
26.5
Life expectancy factor
Account Information
Your retirement account details
Projection Assumptions
Growth and tax rate estimates
Balance & RMD Projection
IRS Uniform Lifetime Table
Distribution periods by age
| Age | Factor | % of Balance |
|---|---|---|
| 73 | 26.5 | 3.77% |
| 75 | 24.6 | 4.07% |
| 77 | 22.9 | 4.37% |
| 80 | 20.2 | 4.95% |
| 85 | 16.0 | 6.25% |
| 90 | 12.2 | 8.20% |
| 95 | 8.9 | 11.24% |
| 100 | 6.4 | 15.63% |
RMD Schedule
| Age | Year | Start Balance | Factor | RMD | End Balance |
|---|---|---|---|---|---|
| 73 | 2026 | $500,000 | 26.5 | $18,868 | $505,189 |
| 74 | 2027 | $505,189 | 25.5 | $19,811 | $509,646 |
| 75 | 2028 | $509,646 | 24.6 | $20,717 | $513,375 |
| 76 | 2029 | $513,375 | 23.7 | $21,661 | $516,300 |
| 77 | 2030 | $516,300 | 22.9 | $22,546 | $518,441 |
| 78 | 2031 | $518,441 | 22.0 | $23,566 | $519,620 |
| 79 | 2032 | $519,620 | 21.1 | $24,627 | $519,743 |
| 80 | 2033 | $519,743 | 20.2 | $25,730 | $518,714 |
| 81 | 2034 | $518,714 | 19.4 | $26,738 | $516,575 |
| 82 | 2035 | $516,575 | 18.5 | $27,923 | $513,084 |
| 83 | 2036 | $513,084 | 17.7 | $28,988 | $508,301 |
| 84 | 2037 | $508,301 | 16.8 | $30,256 | $501,948 |
| 85 | 2038 | $501,948 | 16.0 | $31,372 | $494,105 |
| 86 | 2039 | $494,105 | 15.2 | $32,507 | $484,678 |
| 87 | 2040 | $484,678 | 14.4 | $33,658 | $473,570 |
Total RMDs: $388,967 over 15 years
Estimated Taxes: $85,573 at 22% rate
What if my balance was different?
See how account balance affects your required distributions
Personalized Insights
1 insight based on your inputs
Qualified Charitable Distribution
At age 70.5+, you can donate up to $100,000 directly from your IRA to charity (QCD). This counts toward your RMD but isn't taxable income.
Related Calculators
Explore other tools that might help
RMD Results
Current RMD
$18,868
3.77% of balance
Distribution Period
26.5
Life expectancy factor
Quick Answer
RMD = Account Balance / Life Expectancy Factor from IRS tables. RMDs start at age 73 (SECURE 2.0). Failure to take RMD incurs 25% penalty (reduced from 50%). Our calculator uses current IRS tables.
Key Facts
- RMDs begin at age 73 (as of 2023)
- RMD = Account Balance / IRS Life Expectancy Factor
- Penalty for missing RMD: 25% (was 50%)
- Roth IRAs have no RMDs for original owner
- First RMD can be delayed to April 1 of following year
- Inherited IRAs have different rules
Frequently Asked Questions
RMDs are mandatory annual withdrawals from tax-deferred retirement accounts (Traditional IRA, 401k, 403b) starting at age 73 (as of 2023). They ensure you pay taxes on money that grew tax-deferred. Roth IRAs don't require RMDs during owner's lifetime.
RMD = Account Balance (Dec 31 prior year) ÷ Distribution Period (from IRS life expectancy table). At 73, the factor is 26.5, so RMD is ~3.8% of balance. The percentage increases each year as life expectancy decreases.
First RMD is due by April 1 of the year after you turn 73. Subsequent RMDs are due by December 31 each year. If you delay first RMD to April, you'll have two RMDs that year (potentially higher taxes). Most take first RMD in the year they turn 73.
The penalty was reduced to 25% of the missed RMD (from 50%) as of 2023. If corrected within 2 years, penalty drops to 10%. File Form 5329 to report and pay penalty. IRS may waive penalty for reasonable cause with proper documentation.
Yes, you can always withdraw more than the RMD. However, excess withdrawals don't reduce future RMDs and are fully taxable. Consider tax bracket management - it may be beneficial to withdraw more in lower-income years to reduce future RMDs.
RMD Results
Current RMD
$18,868
3.77% of balance
Distribution Period
26.5
Life expectancy factor