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RMD Calculator

Once you turn 73, the IRS requires withdrawals from traditional retirement accounts. Find this year’s required minimum distribution.

$
yrs
Required minimum distribution
IRS life-expectancy factor
As % of balance
Monthly if spread evenly

Tools to manage retirement withdrawals

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Why RMDs exist

Traditional IRAs and 401(k)s grew tax-deferred, so the IRS eventually requires you to withdraw — and pay tax — whether you need the money or not. The required amount rises each year as the life-expectancy factor shrinks. Missing an RMD triggers a stiff penalty.

How it’s calculated & sources

RMD = prior year-end balance ÷ the IRS Uniform Lifetime Table factor for your age. The factor falls each year, so the percentage withdrawn climbs over time.

Source: IRS Uniform Lifetime Table; RMDs begin at age 73 under SECURE 2.0 (rising to 75 in 2033). Roth IRAs have no lifetime RMDs.

Results update as you type and are general estimates, not personalized financial, tax, medical or legal advice. Verify with a professional.

Worked example

A $500,000 IRA at age 75 uses a 24.6 factor, for an RMD of about $20,325 this year — roughly 4.1% of the balance.

Frequently asked questions

What if I miss it?

The penalty is 25% of the shortfall (reduced to 10% if corrected promptly). Always take at least the RMD by year-end.

Do Roth accounts have RMDs?

Roth IRAs have no required distributions during your lifetime. Roth 401(k)s no longer require them either, as of 2024.