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Required Minimum Distribution (RMD) Calculator
Calculate required withdrawals from retirement accounts
Required Minimum Distribution (RMD) Calculator
$
RMD Amount
$20,325.2
Must withdraw by Dec 31
Penalty if Not Taken
$5,081.3
25% excise tax
Tips
- • RMD must be withdrawn by December 31st each year
- • First RMD can be delayed until April 1st of following year
- • Consider Qualified Charitable Distributions (QCD) to reduce taxable income
- • Withdrawal counts toward income for Medicare IRMAA calculations
- • Can withdraw more than RMD, but cannot carry forward to next year
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