Welcome to the RMD Calculator! The US government requires persons 73 years of age or older to take a Required Minimum Distribution (RMD) from their tax-deferred retirement accounts each year based on the current RMD calculation. This app helps you calculate the RMD for different combinations of...
If you have RMD questions, please consult with your own tax advisor regarding your specific situation. IMPORTANT: This calculator produces a current year result for a specific account, and may not satisfy your overall RMD requirements for other qualified retirement savings accounts you may have. ...
If you transferred $100,000 to the IRA annuity at age 73 you may receive $7,250 a year, or 7.25% of your premium in annual income (annuity rates change often, you can get your best annuity quotes from the blue calculator on this page). But at age 73 the RMD table calls for only...
Take note that if you decide to delay your initial distribution until April, your second RMD will be due on December 31 of that year as well. Two sizable, taxable withdrawals in the same tax year can more easily bump you into a higher bracket, so it's often best to take your first ...
For example, if you turned 72 in 2022, you actually have until April 1, 2023, to take your first RMD. (Use our handy RMD calculator to determine when you have to take your first RMD.) You don't have to wait until April 1, but it's an option. Subscribe to Kiplinger’s Personal ...
Retirement Calculator How much per year do you need tosave for retirement? Current Age Current Savings $ Retirement Age Retirement Income (in today's dollars) $ Social Security /Pensions $ Savings Run Out ... Investment Return (yearly, post tax) % Expected Inflation % Calculate (re...