Required Minimum Distribution Calculator
Calculate mandatory RMD withdrawals from retirement accounts after age 73
About this calculator
The Required Minimum Distribution (RMD) Calculator helps you determine the mandatory annual withdrawals you must take from traditional IRAs, 401(k)s, and other qualified retirement accounts starting at age 73. The IRS requires these distributions to ensure taxes are paid on tax-deferred retirement savings. Failing to take the correct RMD amount can result in severe penalties of up to 50% of the required distribution amount. This calculator uses IRS life expectancy tables to compute your exact RMD based on your age and account balance, helping you stay compliant and avoid costly mistakes.
How to use
Enter your current age (must be 73 or older), your retirement account balance as of December 31st of the previous year, and select your account type. The calculator will automatically apply the appropriate IRS life expectancy factor and compute your required minimum distribution amount for the current tax year.
Frequently asked questions
What happens if I don't take my full RMD?
The IRS imposes a 50% penalty tax on any RMD amount not withdrawn by the deadline, plus you still owe the distribution and income taxes.
When is the deadline to take my RMD?
RMDs must be taken by December 31st each year, except your first RMD which can be delayed until April 1st of the following year.
Do Roth IRAs require minimum distributions?
No, Roth IRAs do not require minimum distributions during the owner's lifetime, but inherited Roth IRAs may have RMD requirements.