Calculate your US required minimum distribution from an IRA or 401(k).
RMD = prior year-end balance ÷ the IRS life-expectancy factor for your age. A 75-year-old with a $500,000 balance has a factor of 24.6, so the RMD is $20,325.20.
Required minimum distributions (RMDs) force you to start withdrawing from traditional IRAs and most workplace plans once you reach a certain age: 73 if you were born in 1951–1959 and 75 if born in 1960 or later. This calculator divides your balance at the end of last year by the factor in the IRS Uniform Lifetime Table.
Missing an RMD triggers a penalty tax, so mark the deadline. Roth IRAs have no RMDs for the owner. Plan the rest of your income with the Social Security Calculator and the Retirement Calculator.
The calculator applies the standard financial formulas step by step.
| Item | Value |
|---|---|
| Year of birth | 1951 |
| RMD starting age | 73 |
| Your age this year | 75 |
| Uniform Lifetime Table factor | 24.6 |
| Account balance (prior Dec 31) | $500,000.00 |
| Required minimum distribution | $20,325.20 |
| Monthly equivalent | $1,693.77 |
| Share of the balance | 4.07% |
| Case | RMD |
|---|---|
| Age 73 | $18,867.92 |
| Age 75 | $20,325.20 |
| Age 80 | $24,752.48 |
| Age 85 | $31,250.00 |
| Age 90 | $40,983.61 |
73 if you were born in 1951–1959, and 75 if you were born in 1960 or later (age 72 for those born before 1951).
Divide your account balance at the end of the previous year by the distribution period for your age in the IRS table.
Traditional IRAs, SEP and SIMPLE IRAs and most workplace plans such as 401(k)s. Roth IRAs do not during your lifetime.
If your sole beneficiary is a spouse more than 10 years younger, a different table (Joint Life) gives a smaller RMD. This calculator uses the Uniform table.
A 25% excise tax on the amount not withdrawn (10% if corrected promptly), under current rules.
By December 31 each year; your first can be delayed until April 1 of the following year, but then you take two in that year.
It uses the standard formula: RMD = prior year-end balance ÷ distribution period The full method and a worked example are shown on this page.
No. The calculator gives estimates for planning and learning. Real offers vary by lender, product and date, so confirm the details with your bank, lender or a qualified adviser before deciding.
Yes. The maths is identical in any currency; only the currency symbol shown in the results differs.
No. Everything is calculated in your browser and nothing you enter is uploaded or saved.
