Free RMD Calculator

Calculate your Required Minimum Distribution from a Traditional IRA or 401(k) based on your age and account balance.

USD
years

Required Minimum Distribution

$20,325

Distribution Factor24.6 years
RMD as % of Balance4.07 %

Required Minimum Distribution vs Account Balance (Dec 31)

Required Minimum Distributions

RMD = Account Balance / Distribution Period

Starting at age 73 (SECURE 2.0 Act), you must withdraw minimum amounts from Traditional IRAs and 401(k)s each year.

Approximate Distribution Periods

AgePeriod~RMD % 7326.53.77% 7524.64.07% 8020.24.95% 8516.06.25% 9012.28.20%

Example Calculation

$500,000 balance at age 75.

  1. 01Distribution period at 75 = 24.6
  2. 02RMD = $500,000 / 24.6 = $20,325
  3. 03RMD as % = 100 / 24.6 = 4.07%

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