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RMD Calculator

Calculate your Required Minimum Distribution (RMD) from retirement accounts and plan your withdrawals with our easy-to-use calculator.

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Enter your details and click calculate to see results

About RMDs

Required Minimum Distributions (RMDs) are mandatory withdrawals from retirement accounts that the IRS requires you to take once you reach a certain age.

Key RMD Rules

  • You must start taking RMDs by age 73 if you reach age 72 after December 31, 2022
  • RMDs are calculated annually based on your account balance and life expectancy
  • Failure to take RMDs can result in a 50% tax penalty on the amount not withdrawn

This calculator provides estimates only. Please consult with a financial advisor for personalized advice.