📋 RMD Calculator
Once you reach the required age, the IRS makes you withdraw a minimum amount each year from tax-deferred retirement accounts. The rule is simple division: your December 31 balance divided by the life-expectancy factor for your age from the IRS Uniform Lifetime Table.
This calculator uses the current IRS factors for ages 72 through 95. Missing an RMD can trigger a steep penalty, so treat the result as a floor, not a suggestion — and confirm your required beginning age with a tax professional.
How to use this calculator
Enter your retirement account balance on December 31 and your age to find your required minimum distribution.
- Enter the Account balance as of December 31.
- Enter Your age.
- Press Calculate.
- Read the RMD amount, the IRS factor used and the share of your balance.
Frequently asked questions
How is an RMD calculated?
Your December 31 balance divided by the IRS life-expectancy factor for your age. A $500,000 balance at age 75 (factor 24.6) gives an RMD of about $20,325.20.
Which life-expectancy table is used?
The IRS Uniform Lifetime Table for ages 72 through 95, with factors from 27.4 at 72 down to 8.9 at 95. Ages above 95 use the age-95 factor.
At what age do RMDs begin?
Generally 73 under current law. The calculator accepts ages 72 and up and asks for a valid age otherwise.
What happens if I miss an RMD?
The IRS can impose a steep penalty on the amount you should have withdrawn, so treat the result as a minimum and confirm your required beginning age with a tax professional.