Once you reach your required beginning age, the IRS makes you withdraw a minimum amount from traditional IRAs and workplace plans each year.
RMD Calculator
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This RMD calculator uses the IRS Uniform Lifetime Table and your December 31 balance to find this year’s required minimum distribution, then projects your RMDs for the next 20 years.
When do RMDs start?
| Year you were born | RMDs start the year you turn |
|---|---|
| 1950 or earlier | 72 (already started) |
| 1951–1959 | 73 |
| 1960 or later | 75 |
You can delay your very first RMD until April 1 of the following year, but you’ll then take two distributions that year, which can push you into a higher tax bracket.
Frequently asked questions
What happens if I miss an RMD?
The penalty is 25% of the amount you didn’t take, cut to 10% if you correct it within two years. Taking the missed amount quickly and filing Form 5329 is the usual fix.
Do Roth accounts have RMDs?
Roth IRAs have no RMDs for the original owner, and starting in 2024, neither do Roth 401(k)s. Inherited accounts follow different rules.
Can I take one withdrawal for all my IRAs?
Yes. Add up the RMDs for all your traditional IRAs and take the total from any one or more of them. RMDs from 401(k) and similar plans must come from each plan separately.
Related: Retirement & 401(k) Calculator, Social Security Calculator, Roth vs. Traditional IRA Calculator.
Source: IRS Publication 590-B, Uniform Lifetime Table (Appendix B, Table III) and SECURE 2.0 Act rules. Estimates only; not tax advice.