Finance

RMD Calculator

Calculate your Required Minimum Distribution from retirement accounts using the IRS Uniform Lifetime Table.

RMDs begin the year you turn 73 (per SECURE 2.0 Act)

$

Balance as of December 31 of the prior year

This Year's RMD Amount
$—
Monthly Equivalent
$—
Distribution Period Factor
—
Effective Withdrawal Rate
—%
Remaining Balance (est.)
$—
Next 5 Years Projection
AgeBalanceRMD
How to Use
  1. Enter your current age. RMDs start at age 73 under SECURE 2.0 (passed Dec 2022).
  2. Enter your retirement account balance as of December 31 of the previous year.
  3. The IRS provides a Uniform Lifetime Table with distribution period factors for each age.
  4. Your RMD = Account Balance ÷ Distribution Period Factor.
  5. Failure to take the RMD results in a 25% excise tax on the amount not withdrawn.

Formula

RMD = Prior Year-End Balance ÷ IRS Distribution Period

(IRS Uniform Lifetime Table — age 73 factor: 26.5)

Required Minimum Distributions (RMDs) are mandatory annual withdrawals from traditional IRAs, 401(k)s, and other tax-deferred retirement accounts. The SECURE 2.0 Act (2022) raised the RMD starting age from 72 to 73. The IRS Uniform Lifetime Table determines the distribution period factor for each age. Learn more at IRS.gov RMDs.