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RMD (Required Minimum Distribution) Calculator

Calculate your Required Minimum Distribution (RMD) from traditional IRAs, 401(k)s, and retirement accounts using IRS uniform lifetime tables.

₹
Yrs
RMD Summary
Account Balance ₹ 1,00,00,000
Distribution Period (Life Expectancy Factor) 24.6
Effective RMD Percentage 4.07%
Required Minimum Distribution (RMD)

₹ 4,06,504

About the RMD Calculator

Our free Required Minimum Distribution (RMD) Calculator helps retirement account holders determine the minimum amount they must withdraw annually from their traditional IRAs, 401(k)s, and other tax-deferred retirement accounts to comply with IRS regulations.

How RMD Is Calculated

The Required Minimum Distribution is determined by dividing your tax-deferred retirement account balance as of December 31 of the prior year by the applicable distribution period (life expectancy factor) from the official IRS Uniform Lifetime Table:

$$RMD = \frac{\text{Prior Year-End Account Balance}}{\text{IRS Distribution Period Factor}}$$

How to Use the Calculator

Simply enter your account details or adjust the range sliders:

  • Prior Year-End Account Balance: The total market worth of your traditional IRA or 401(k) as of December 31st of the previous year.
  • Your Age: Your current age during the distribution calendar year.

Click the Calculate RMD button to instantly view your balance summary, distribution factor, effective RMD percentage, and final required withdrawal amount.

Frequently Asked Questions (FAQs)

What age do RMDs begin?
Under current regulations (SECURE 2.0 Act), the age to begin taking Required Minimum Distributions is 73.
Are RMD withdrawals subject to income tax?
Yes, because traditional IRAs and 401(k)s are funded with pre-tax dollars, every dollar withdrawn as an RMD is treated as ordinary income and is fully taxable at your federal and state income tax brackets.
What is the penalty for failing to take an RMD?
Failing to withdraw the full RMD amount on time can result in a steep IRS excise tax penalty of 25% on the amount not withdrawn (which can be reduced to 10% if corrected promptly).