RMD Calculator
Estimate your required minimum distribution from an IRA or 401(k) using the IRS Uniform Lifetime Table. Enter your balance and age.
Independently verified for accuracy
Calculator by Toolsloft ↗- Required minimum distribution
- 18867.92
- IRS life-expectancy factor
- 26.5
Estimate the required minimum distribution you must take from a traditional IRA or 401(k) once you reach RMD age. Enter your prior year-end balance and your age, and the calculator divides by the IRS life-expectancy factor to give the amount you have to withdraw this year.
How this is calculated
The RMD is the prior December 31 account balance divided by the distribution period for your age in the IRS Uniform Lifetime Table (Publication 590-B, effective 2022). This is an estimate; the table assumes a sole beneficiary who is not a spouse more than 10 years younger, and it does not constitute tax advice.
How to use
- Enter your account balance as of December 31 of last year.
- Enter your age for this year.
- Read the IRS life-expectancy factor and the required distribution.
Examples
- $500,000 at age 73:
factor 26.5, RMD $18,867.92 - $250,000 at age 80:
factor 20.2, RMD $12,376.24
FAQ
- At what age do RMDs start?
- Under current law the required beginning age is 73. This calculator uses the Uniform Lifetime Table, which starts at age 72, so it covers people who began earlier as well.
- How is the RMD figured?
- Take the account balance on December 31 of the previous year and divide it by the distribution period for your age in the IRS Uniform Lifetime Table.
- Does this apply to a Roth IRA?
- No. Roth IRAs have no required minimum distributions during the owner's lifetime. RMDs apply to traditional IRAs and most employer plans like 401(k)s.