RMD Calculator

Estimate your required minimum distribution (RMD) from a traditional IRA or employer retirement plan, using the IRS Uniform Lifetime Table.

Roth IRAs have no RMDs for the original owner, and since 2024 neither do Roth accounts in 401(k) and 403(b) plans.

How it works

Your RMD is your account balance on December 31 of the prior year divided by a distribution period from the IRS Uniform Lifetime Table (Publication 590-B, Appendix B, Table III), which has applied since 2022. For example, at age 75 the period is 24.6, so a $500,000 balance gives an RMD of $20,325.20.

RMDs start at age 73 if you were born in 1951 through 1959, and at 75 if you were born in 1960 or later. Your first RMD can wait until April 1 of the following year, but then you take two RMDs that year. Missing an RMD can trigger an excise tax of 25% of the amount you should have taken (10% if corrected promptly). RMDs from traditional accounts are generally taxed as ordinary income.

If you own several traditional IRAs, calculate each one, add the results, and you may take the total from any of them. 401(k) accounts must each meet their own RMD. A 401(k) from your current employer may let you wait until you retire if you own 5% or less of the company. That exception doesn’t apply to IRAs.

Estimates only, and not tax advice. Check your figures with your account provider or a qualified tax professional. See our disclaimer.