RMD Calculator

Once required, the IRS forces taxable withdrawals via life-expectancy factors. Enter last December 31 balance and your age.

Balance on Dec 31 last year

Age this calendar year

Required minimum distribution

$29,411.76

How the RMD Calculator works

The calculation follows the standard method used across the US — no shortcuts, no hidden assumptions. Here is exactly what happens behind the scenes:

Formula

RMD = prior Dec 31 balance ÷ Uniform Lifetime factor(age)

When do RMDs start?

Age 73 for those born 1951–1959; 75 for 1960+. First-year distributions can defer to April 1 (doubling that year's income — usually don't).

Penalty for missing an RMD?

SECURE 2.0 sets 25% of the shortfall (10% if corrected quickly). Automate with your custodian to stay safe.