RMD Calc

RMD Calculator
Your Date of Birth Your date of birth is used to determine if a required minimum distribution (RMD) is due for the year, and if so, to determine the applicable life expectancy factor for this RMD calculation.	Date of Birth Month Date of Birth Day Date of Birth Year
	Maximum age for this tool is 110. Please enter a valid year. Please enter a valid month. Please enter a valid day of the month.
X This tool can only calculate required minimum distributions (RMDs) for IRA owners and plan participants who have attained (or will attain) age 73 by the end of this year.
Do you have more than one primary beneficiary designated on this account? Special rules for calculating RMDs may apply if the only primary beneficiary designated on this account, for the entire year, is your spouse.	Do you have more than one primary beneficiary designated on this account? Yes No
Please make a selection.
Is the primary beneficiary on this account your spouse? Special rules for calculating RMDs may apply if the only primary beneficiary designated on this account, for the entire year, is your spouse.	Is the primary beneficiary on this account your spouse? Yes No
Please make a selection.
Spouse Beneficiary's Year of Birth If your spouse is your sole primary beneficiary for the entire year, and he or she is more than 10 years younger than you, the applicable denominator used to calculate your RMD is based on the joint life expectancy of you and your spouse using the Joint and Last Survivor table.
	Please enter a valid birth year for spouse. Maximum age for this tool is 110.
Year for Which RMD is Being Calculated You must take your first RMD on or before April 1st of the year following the year in which you turn 73 years of age. As such, for RMD calculation requests between January 1 and April 1 of the year following your 73^rd year you must indicate the year for which the calculation applies. For all subsequent year's RMDs, you must take your RMD by December 31st of the distribution year. This includes the second distribution year even if you delayed taking your first RMD until the year following your 73^rd year.	Year for Which RMD is Being Calculated Current Prior
Prior Year-End Balance The prior year-end balance is generally the fair market value of the IRA on December 31 of the year prior to the year to which the RMD applies. However, any transactions (i.e., transfers and rollovers) that were outstanding (i.e., not in an IRA or employer plan) at year-end must be added to the year-end balance when calculating the RMD.	$
Please enter a valid dollar amount.

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Important Information This calculator is provided for educational purposes only. The information and results provided by this calculator are not intended to be used as tax advice or investment advice and should not be taken as such. The calculations returned are based solely on the information provided by the user. Users should be sure to verify the accuracy of the inputs used in the calculation. If an individual is the owner of more than one Traditional/SEP or SIMPLE IRA, the RMDs must be determined separately for each IRA. However, the RMD amounts may generally be totaled and taken from any one or more of the individual's Traditional/SEP/SIMPLE IRAs. RMDs required from other types of retirement plans, such as 401(k), 403(b) and 457(b) plans must be calculated and taken separately from each of those plans. With the exception of 403(b) plans, RMDs required from employer plans cannot be aggregated. RMDs for 403(b) plans that are determined separately for each 403(b) plan may be totaled and taken from any one or more of the individual's 403(b) plans. Roth IRAs are not subject to RMD during the life of the IRA owner. Designated Roth accounts in a 401(k) or 403(b) plan are subject to the RMD rules for years prior to 2024. For 2024 and later years, RMDs are no longer required from designated Roth accounts. Special rules may permit non-owner individuals* who are still working to delay RMDs from an employer-sponsored plan in situations where the individual continues working for the sponsoring company beyond age 70½ for individuals whose date of birth is before July 1, 1949, age 72 for individuals whose date of birth is after June 30, 1949, but before January 1, 1951, age 73 for individuals whose date of birth is after December 31, 1950, but before January 1, 1960, or age 75 for individuals whose date of birth is after December 31, 1959. *An individual is generally considered a non-owner if he or she has less than 5% ownership interest (including no ownership interest) in the company that sponsors the plan in question.

Your Date of Birth

Date of Birth Month Date of Birth Day Date of Birth Year

Do you have more than one primary beneficiary designated on this account?

Do you have more than one primary beneficiary designated on this account? Yes No

Is the primary beneficiary on this account your spouse?

Is the primary beneficiary on this account your spouse? Yes No

Spouse Beneficiary's Year of Birth

Year for Which RMD is Being Calculated

Year for Which RMD is Being Calculated Current Prior

Prior Year-End Balance

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RMD Calculator