RMD Calculator

Calculate your Required Minimum Distribution (RMD) from Traditional IRA, 401(k), or other tax-deferred retirement accounts using the IRS Uniform Lifetime Table.

RMDs are required starting at age 73 (SECURE 2.0 Act, 2023).
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Use our free RMD calculator to estimate your Required Minimum Distribution (RMD), the amount the IRS requires you to withdraw each year from Traditional IRAs, 401(k)s, and other tax-deferred retirement accounts once you reach the required age. Enter your account balance and age to see your current-year RMD and a multi-year projection.

How RMD Is Calculated

RMD = Prior Year-End Account Balance ÷ IRS Life Expectancy Factor

The life expectancy factor comes from the IRS Uniform Lifetime Table, which assigns a distribution period based on your age (for example, 26.5 at age 73, decreasing as you get older). This calculator uses your account balance as of December 31 of the prior year, divided by the factor matching your current age, to determine your required withdrawal for the year.

How to Use This Calculator

  1. Enter your account balance as of December 31 of the prior year
  2. Enter your current age
  3. Enter an expected annual return to project future account growth
  4. Enter how many years you'd like to project
  5. Click Calculate to see your current RMD and a year-by-year projection

Frequently Asked Questions

At what age do I have to start taking RMDs?

Under the SECURE 2.0 Act, RMDs must begin at age 73 for most people (previously 72). This applies to Traditional IRAs, SEP IRAs, SIMPLE IRAs, and most employer-sponsored retirement plans like 401(k)s.

What happens if I don't take my RMD?

If you miss an RMD or withdraw less than required, the IRS can impose a penalty of 25% of the shortfall (reduced to 10% if corrected within two years). It's important to take the full amount by the deadline, typically December 31 each year.

Do Roth IRAs require RMDs?

No. Roth IRAs are not subject to RMDs during the original owner's lifetime, since contributions were already taxed. Roth 401(k)s, however, were subject to RMDs until 2024 rules eliminated this requirement to align them with Roth IRAs.

Can I take more than my RMD amount?

Yes, the RMD is a minimum, not a maximum. You can withdraw more than the required amount in any year, though the extra amount will still be taxed as ordinary income if it comes from a Traditional account.

Do I need to take a separate RMD from each retirement account?

For IRAs, you can calculate the RMD for each IRA separately but withdraw the total from just one or a combination of your IRAs. For 401(k)s, however, you generally must calculate and withdraw the RMD separately from each 401(k) account you own.