Required Minimum Distribution (RMD)
Calculate your Required Minimum Distribution from retirement accounts using IRS Uniform Lifetime Table approximations under SECURE Act 2.0 rules.
Results
What is it?
A Required Minimum Distribution calculator that estimates how much you must withdraw each year from tax-deferred retirement accounts (Traditional IRA, 401(k), etc.). Under the SECURE Act 2.0, RMDs begin at age 73 (effective 2023). The IRS uses the Uniform Lifetime Table to determine the distribution period based on your age.
How to use
Enter your total account balance as of December 31 of the prior year and your age for the current year. The calculator looks up an approximate distribution period and divides your balance by it to compute the minimum you must withdraw.
Example scenario
A 75-year-old with a $500,000 IRA balance has an approximate distribution period of 24.6 years, yielding an RMD of about $20,325 — roughly 4.07% of the account.
Pro tip
Failing to take your full RMD triggers a 25% excise tax on the shortfall (reduced from 50% by SECURE Act 2.0). Set up automatic distributions to avoid accidentally missing the deadline. You can always withdraw MORE than the RMD, but never less.