Free RMD Calculator - Calculate Required Minimum Distribution
Calculate your required minimum distribution from retirement accounts. Stay compliant with IRS rules and avoid penalties.
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 about RMD Calculator:
- 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
Why Use Our RMD Calculator?
RMD calculation:
RMD Calculator
Calculate this year's RMD.
Multi-Year Projection
See future RMDs.
Multiple Accounts
Combine account balances.
IRS Tables
Uses current IRS factors.
Instant Results
Get calculations immediately.
Private
Your data stays secure.
How to RMD Calculator in 3 Easy Steps
Calculate RMD:
Enter Details
Account balance and your age.
Select Account Type
IRA, 401k, inherited.
View RMD
See required distribution amount.
Common Use Cases for RMD Calculator
Perfect for:
Frequently Asked Questions
Everything you need to know about our rmd calculator
When do RMDs start?
Age 73 (or 75 for those born 1960+). First can be delayed to April 1.
Age 73 under SECURE 2.0 Act (for those born 1951-1959). Age 75 for those born 1960 or later. First RMD can be delayed to April 1 of the year after turning 73.
What is the RMD penalty?
25% of missed amount (was 50%). Can be 10% if corrected quickly.
25% of the amount not withdrawn (reduced from 50% by SECURE 2.0). Can be reduced to 10% if corrected promptly under IRS relief provisions.
Still have questions? Try the tool yourself!
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