IRA Current RMD Calculator for Calculating Required Minimum Distribution

IRA Required Minimum Distribution Calculator Sign

This online IRA RMD Calculator has been updated to conform to the SECURE Act of 2019 and the SECURE 2.0 Act of 2022. It estimates your required minimum distribution if you are an IRA owner whose RMD start age—based on your date of birth—is 70-1/2, 72, 73, or 75.

The calculated results will also indicate which IRS Life Expectancy Table was used and whether your birthdate places you under the pre-SECURE rules or the newer SECURE / SECURE 2.0 rules. This allows you to independently verify the life expectancy factor used in the calculation.

If you have reached your RMD start age and would like to forecast withdrawals for multiple years into the future, see the IRA Withdrawal Calculator.

If you have not yet reached your RMD start age and would like to see how future required distributions may affect your retirement savings, please use the IRA Distribution Calculator.

If you're not sure what an RMD is or how this calculator works, be sure to visit the Learn tab for detailed explanations.

Important: The results of this calculator are estimates only. Always consult your plan administrator or tax professional for your exact required distribution amount and deadline.

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IRA Required Minimum Distribution Calculator

Calculate required minimum distributions (RMDs) for IRA owners age 70-1/2, 72, 73, or 75 — depending on your date of birth.

Special Instructions

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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
Dist year:Dist year:Distribution year:Distribution year:

Distribution year:

Enter the distribution year, which is normally the current year.

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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.

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Your date of birth:

Date of birth:

Enter the month, day, and year of your date of birth. Your date of birth is used to determine your age and your required minimum distribution (RMD) start age under current IRS rules. Depending on your birthdate, RMDs may begin at age 70-1/2, 72, 73, or 75.

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Beneficiary date of birth:

Beneficiary date of birth:

If your spouse is the sole beneficiary and is more than 10 years younger than you, enter the month, day, and year of your spouse's date of birth. This information is used to determine whether the Joint Life and Last Survivor Expectancy Table applies. Otherwise, leave these fields blank.

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Dist age:Dist age:Your distribution year age:Your distribution year age:

Your distribution year age:

This is your age as of 12/31 of the entered distribution year.

Ben age:Beneficiary age:Beneficiary distribution year age:Beneficiary distribution year age:

Beneficiary distribution year age:

If a beneficiary age was entered, this is the beneficiary's age as of 12/31 of the entered distribution year.

LE factor:LE factor:Life expectancy factor:Life expectancy factor for RMD:

Life expectancy factor for RMD:

Based on your age and which IRS life expectancy table applies to your situation, this is the life expectancy factor used to calculate your required minimum distribution.

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 online 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.

Help and Tools

Learn

Minimum distribution basics and the RMD formula.

When Do Distributions Start?

Required minimum distribution (RMD) rules have changed over time. The age at which distributions must begin depends on your date of birth.

  • Age 70-1/2: If you were born on or before June 30, 1949, RMDs began when you reached age 70-1/2.
  • Age 72: If you were born between July 1, 1949 and December 31, 1950, your first RMD is for the year you reach age 72.
  • Age 73: If you were born between 1951 and 1959, your first RMD is for the year you reach age 73.
  • Age 75: If you were born in 1960 or later, your first RMD is for the year you reach age 75.

For your first required distribution year, you may defer the withdrawal until April 1 of the following year. However, any subsequent required distributions must be taken by December 31 each year.

Failing to take the full required minimum distribution by the deadline may result in a significant IRS penalty.

Minimum Distribution Formula

To calculate the amount of your required minimum distribution, you first need to look up your life expectancy factor in the IRS life expectancy tables. Once you find your life expectancy factor, you then divide the year-end balance of your IRA by that factor. The result is the amount you are required to withdraw from your IRA by the end of the current year (or April 15th of the following year if this is your first year of making required withdrawals).

IRS Life Expectancy Tables

IRS Life Expectancy Tables are three tables provided by IRS Publication 590-B for determining minimum distribution requirements for qualified retirement plans. The three tables are Single, Joint Life and Last Survivor, and Uniform Lifetime.

How the IRA RMD Calculator Works

The IRA RMD calculator is based on the IRS Joint Life and Last Survivor Expectancy Table (Table II) and the Uniform Lifetime Table (Table III) from IRS Publication 590-B (2022) (opens new window).

If your spouse is the sole beneficiary and is more than ten years younger than you, you will use Table II. If you are unmarried or your spouse is not more than ten years younger than you, or your spouse is not your sole beneficiary, you will use Table III. In either case, the calculated results will indicate which table the calculator used.

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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.