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IRA Current RMD Calculator for Calculating Required Minimum Distribution

Calculator Preferences
IRA Required Minimum Distribution Calculator Sign
IRA Required Minimum Distribution Calculator

This calculator will estimate the required minimum distribution factor and the amount for the current distribution year (IRA owners age 70 and older). Plus, the calculator will even tell you which IRS Life Expectancy Table it used. The Learn tab includes answers to:

  • When do distributions start?
  • What is the RMD formula?
  • What time of the year are distributions due?
Learn More

Selected Data Record:

A Data Record is a set of calculator entries that are stored in your web browser's Local Storage. If a Data Record is currently selected in the "Data" tab, this line will list the name you gave to that data record. If no data record is selected, or you have no entries stored for this calculator, the line will display "None".

DataData recordData recordSelected data record: None
Prior yr bal:Prior year bal:Balance as of 12/31 of year prior:Balance on 12/31 of year prior to distribute year:

Balance as of 12/31 of year prior to distribution year:

Enter the combined total of all qualified retirement plans as of 12/31 of the year prior to the distribution year.

Dist yr age:Dist yr end age:Age on 12/31 of distribution year:Age as of 12/31 of distribution year:

Age as of 12/31 of distribution year:

Select your age as of 12/31 of the distribution year. If you are 70 years old and your birthday falls after June 30th, select the "70-1/2 after" option. Or, if you are 70 years old and your birthday falls before July 1st, select the "70-1/2 before" option.

Benefic age:Beneficiary age:Beneficiary age:Beneficiary age:

Beneficiary age:

If your spouse is the sole beneficiary and is more than 10 years younger than you, enter the age of the spouse as of 12/31 of the distribution year. Otherwise leave this field blank.

Dist factor:Distribute factor:Distribution factor:Distribution factor:

Distribution factor:

Based on your age and the life expectancy table your situation applies to, this is the distribution factor the calculator found in the table.

RMD:RMD:Required Minimum Distribution:Required Minimum Distribution:

Required Minimum Distribution:

This is the entered IRA balance divided by the distribution factor in the previous row.

If you would like to save the current entries to the secure database, tap or click on the Data tab, select "New Data Record", give the data record a name, then tap or click the Save button. To save changes to previously saved entries, simply tap the Save button. Please select and "Clear" any data records you no longer need.

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Help and Tools

Help and Tools:

This section, which you can Unstick or Hide in the Calculator Preferences (just above the top of the calculator), contains the following tabs (content too long to fit within bordered frame can be scrolled up and down):

About: Click this tab for an introduction to the calculator.

Instructions: Click this tab for step-by-step instructions for using the calculator.

Terms: Click this tab for a list of the descriptions that are located within each popup help button (info icons).

PCalc: Click this tab for a handy "pocket" calculator you can use when you need to calculate an entry needed for the calculator.

Data: Click this tab to save a set of entries or a note in between visits. Entries and notes will be stored to your web browser's local storage (if supported by your browser of choice), meaning they can only be recalled with the same device and web browser you were using when you saved them. If you'd like to save entries and notes between devices you can do so by subscribing to the Ad-Free Member Version.



Add or remove this page to/from my favorites.

Adjust Calculator Width:

Move the slider to left and right to adjust the calculator width. Note that the Help and Tools panel will be hidden when the calculator is too wide to fit both on the screen. Moving the slider to the left will bring the instructions and tools panel back into view.

Also note that some calculators will reformat to accommodate the screen size as you make the calculator wider or narrower. If the calculator is narrow, columns of entry rows will be converted to a vertical entry form, whereas a wider calculator will display columns of entry rows, and the entry fields will be smaller in size ... since they will not need to be "thumb friendly".

Show/Hide Popup Keypads:

Select Show or Hide to show or hide the popup keypad icons located next to numeric entry fields. These are generally only needed for mobile devices that don't have decimal points in their numeric keypads. So if you are on a desktop, you may find the calculator to be more user-friendly and less cluttered without them.

Stick/Unstick Tools:

Select Stick or Unstick to stick or unstick the help and tools panel. Selecting "Stick" will keep the panel in view while scrolling the calculator vertically. If you find that annoying, select "Unstick" to keep the panel in a stationary position.

If the tools panel becomes "Unstuck" on its own, try clicking "Unstick" and then "Stick" to re-stick the panel.