RMD Calculator
Enter your age and the account balance from last December 31. The calculator applies the IRS Uniform Lifetime Table divisor for your required minimum distribution - and the deadline that makes it urgent.
An RMD is the IRS requiring retirement money to finally be taxed: from the year you turn 73, traditional IRA money must start coming out, December 31 deadline, or a 25 percent penalty lands on whatever stayed. The amount is simple arithmetic on a published table - this page does it and names the rules that change it.
How to use
- Your age as of this calendar year - 73 is the starting line.
- The traditional IRA balance as of last December 31, not today.
- Read the divisor and the percent: that is how hard the IRS pulls this year. It recalculates every year.
Frequently asked questions
At what age do RMDs start?
RMDs begin the year you turn 73 under the SECURE 2.0 rules. The first one can wait until April 1 of the following year - but taking the delay means two distributions the second year, both taxed. From then on it is every December 31, no exceptions.
How is an RMD calculated?
Prior December 31 balance divided by an IRS life-expectancy divisor from the Uniform Lifetime Table - 26.5 at age 73, 25.5 at 74, and down each year. The calculator carries the table so you do not have to; at 250,000 dollars and age 74 that is about 9,804 dollars.
What happens if I miss the deadline?
The penalty is 25 percent of the amount not taken, reduced to 10 percent if corrected within two years - on a 10,000 dollar miss that is 2,500 dollars for waiting. Missed RMDs also still owe the normal income tax when eventually withdrawn.
Do Roth IRAs have RMDs?
Roth IRAs never have RMDs while the owner lives, which is why Roth conversions get planned years before 73. Employer plans like a 401k can also delay RMDs past 73 if you still work there and the plan allows it - the calculator covers the standard traditional IRA case.