Required Minimum Distribution (RMD) Calculator
Calculate your IRS required minimum distribution from a traditional IRA or 401(k).
Enter your account balance and age to get your annual RMD and penalty for missing it.
Required Minimum Distribution
Required Minimum Distribution Formula
RMD = Account Balance ÷ Distribution Period
The IRS sets the Distribution Period based on your age using the Uniform Lifetime Table. At age 72 the period is 27.4 years; it shortens each year as you age.
Miss your RMD? The penalty is 25% of the amount you should have withdrawn (reduced to 10% if corrected promptly).