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RMD Calculator

The minimum you must withdraw, and the penalty if you do not.

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Missing a required distribution triggers a penalty on the shortfall. Recent legislation reduced it, and reduced it further for prompt correction, but taking a missed distribution quickly is always the right response.
AgeFactorBalanceRMD% of balanceTax

This year's RMD

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Life expectancy factor—
As % of balance—
Monthly equivalent—
Estimated tax—
Net after tax—
RMD in 5 years—
RMD in 10 years—
Total over 20 years—

Quick Tool Overview

The RMD Calculator divides your prior year-end balance by the IRS life expectancy factor for your age to give the required minimum distribution, and projects future years so the rising percentage — and its tax impact — is visible in advance.

What it does
Calculates your required minimum distribution and future ones
You give it
Your prior year-end balance and your age
You get back
This year RMD, the percentage it represents and a projection
Best for
Meeting the requirement and planning the tax around it
Calculators Free, unlimited use No sign-up Runs in your browser

About the RMD Calculator

Once you reach the required beginning age, tax-deferred retirement accounts must pay out a minimum amount every year. Enter your prior year-end balance and your age and the calculator divides by the IRS life expectancy factor to give the required distribution.

The factor falls as you age, so the required percentage rises every year: a little under four percent at the start, climbing steadily through your seventies and eighties. That matters for tax planning, because distributions are taxable income and a large balance can push you into a higher bracket or affect other means-tested amounts. The calculator projects future RMDs so the trajectory is visible in advance, while there is still time to plan around it.

Key features of the RMD Calculator

IRS life expectancy factors

The Uniform Lifetime table, and the joint table when a spouse is more than ten years younger.

Rising percentage projected

Under four percent at the start and climbing every year, which is what makes tax planning necessary.

Multi-year forecast

Future RMDs on a projected balance, so a bracket problem is visible while there is still time.

Multiple accounts

Aggregate IRA balances to compute the total requirement, which can be taken from any of them.

Penalty explained

What happens if a distribution is missed, and that prompt correction reduces the charge.

How to use the RMD Calculator

  1. 1

    Enter your balance

    The account value on 31 December of the previous year, which is what the calculation uses.

  2. 2

    Enter your age

    Your age at the end of the distribution year, which sets the life expectancy factor.

  3. 3

    Choose the table

    The Uniform Lifetime table, or the joint table if your spouse is more than ten years younger.

  4. 4

    Project future years

    See how the required percentage rises with age so you can plan the tax impact.

Frequently asked questions

The minimum amount that must be withdrawn each year from tax-deferred retirement accounts once you reach the required beginning age. It exists because those accounts deferred tax, and the tax eventually has to be paid.

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