IRC §401(a)(9) - Required Minimum Distribution
The year the RMD must be taken. Both years use the same Uniform Lifetime Table, so the result depends on your age and the prior year-end balance.
Traditional IRAs can be aggregated and the total RMD taken from any one IRA. Each 401(k) RMD must come from that plan. Roth IRAs have no RMD during the owner's lifetime.
The age you reach by December 31 of the distribution year. RMDs begin at age 73 (age 75 if you were born in 1960 or later).
The fair market value of this account on December 31 of the year before the distribution year. This single number drives the RMD.
Used only to estimate the federal income tax on the RMD, which is taxed as ordinary income (except for any after-tax basis).
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Enter your age and prior year-end balance
to see your required minimum distribution