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Retirement
RMD Calculator
Required Minimum Distribution from IRA, 401(k), or 403(b). Uses the IRS Uniform Lifetime Table. RMDs begin at age 73 (SECURE Act 2.0).
What is an RMD?
A Required Minimum Distribution (RMD) is the smallest amount the IRS requires you to withdraw from tax-deferred retirement accounts each year, starting the year you turn 73. The amount is calculated by dividing your prior-year-end balance by an IRS life-expectancy divisor.
Which accounts require RMDs?
- Traditional IRA, SEP IRA, SIMPLE IRA
- 401(k), 403(b), 457(b), TSP
- Roth 401(k) — RMDs eliminated starting 2024
- Roth IRA — no RMDs for original owner
The penalty for missing an RMD
Failing to take the full RMD triggers a 25% excise tax on the shortfall (reduced from 50% by SECURE Act 2.0). If corrected within two years, the penalty drops to 10%.
RMD age timeline
- Born before 1951: RMDs began at age 70½
- Born 1951–1959: RMDs begin at age 73
- Born 1960 or later: RMDs begin at age 75