RMD Calculator
Calculate your Required Minimum Distribution (RMD) using IRS Uniform Table III. Estimate start ages, spousal overrides, and simulate excise tax penalties.
Start Age Solved: Age 73 | Divisor Applied: 26.5
You have a withdrawal shortfall of $15,094 for this tax year. The IRS imposes a severe 25% excise tax penalty ($3,774) on this shortfall.
💡 Corrective Action: If you withdraw the shortfall and file IRS Form 5329 within the correction window, the penalty is reduced to 10% ($1,509).
RMD Accounts Holder
| Year | Age | Prior Dec 31 Balance | IRS Divisor | RMD Required | Withdrawal Tax | Growth (Return) | Ending Balance | RMD % of Balance |
|---|---|---|---|---|---|---|---|---|
| Year 1 | Age 73 | $400,000 | 26.5 | $15,094 | $3,321 | +$23,094 | $408,000 | 3.77% |
| Year 2 | Age 74 | $408,000 | 25.5 | $16,000 | $3,520 | +$23,520 | $415,520 | 3.92% |
| Year 3 | Age 75 | $415,520 | 24.6 | $16,891 | $3,716 | +$23,918 | $422,547 | 4.07% |
| Year 4 | Age 76 | $422,547 | 23.7 | $17,829 | $3,922 | +$24,283 | $429,001 | 4.22% |
| Year 5 | Age 77 | $429,001 | 22.9 | $18,734 | $4,121 | +$24,616 | $434,883 | 4.37% |
| Year 6 | Age 78 | $434,883 | 22 | $19,767 | $4,349 | +$24,907 | $440,023 | 4.55% |
| Year 7 | Age 79 | $440,023 | 21.1 | $20,854 | $4,588 | +$25,150 | $444,319 | 4.74% |
| Year 8 | Age 80 | $444,319 | 20.2 | $21,996 | $4,839 | +$25,339 | $447,662 | 4.95% |
| Year 9 | Age 81 | $447,662 | 19.4 | $23,075 | $5,077 | +$25,475 | $450,062 | 5.15% |
| Year 10 | Age 82 | $450,062 | 18.5 | $24,328 | $5,352 | +$25,544 | $451,278 | 5.41% |
| Year 11 | Age 83 | $451,278 | 17.7 | $25,496 | $5,609 | +$25,547 | $451,329 | 5.65% |
| Year 12 | Age 84 | $451,329 | 16.8 | $26,865 | $5,910 | +$25,468 | $449,932 | 5.95% |
| Year 13 | Age 85 | $449,932 | 16 | $28,121 | $6,187 | +$25,309 | $447,120 | 6.25% |
| Year 14 | Age 86 | $447,120 | 15.2 | $29,416 | $6,471 | +$25,062 | $442,767 | 6.58% |
| Year 15 | Age 87 | $442,767 | 14.4 | $30,748 | $6,764 | +$24,721 | $436,740 | 6.94% |
| Year 16 | Age 88 | $436,740 | 13.7 | $31,879 | $7,013 | +$24,292 | $429,153 | 7.3% |
| Year 17 | Age 89 | $429,153 | 12.9 | $33,268 | $7,319 | +$23,753 | $419,638 | 7.75% |
| Year 18 | Age 90 | $419,638 | 12.2 | $34,397 | $7,567 | +$23,115 | $408,356 | 8.2% |
| Year 19 | Age 91 | $408,356 | 11.5 | $35,509 | $7,812 | +$22,371 | $395,218 | 8.7% |
| Year 20 | Age 92 | $395,218 | 10.8 | $36,594 | $8,051 | +$21,517 | $380,141 | 9.26% |
| Year 21 | Age 93 | $380,141 | 10.1 | $37,638 | $8,280 | +$20,550 | $363,054 | 9.9% |
| Year 22 | Age 94 | $363,054 | 9.5 | $38,216 | $8,408 | +$19,490 | $344,328 | 10.53% |
About this Calculator
A comprehensive, institutional-grade Required Minimum Distribution (RMD) Calculator designed to help retirees navigate mandatory annual withdrawals from tax-deferred retirement accounts (Traditional IRAs, Traditional 401ks, Simple IRAs, SEP IRAs). The tool dynamically applies **SECURE Act 2.0** provisions to establish the correct starting age (72, 73, or 75) based on the user's birth year. It utilizes the **IRS Uniform Lifetime Table III** to calculate RMD quotas and handles spousal age overrides utilizing **Joint Life Expectancy Table II** when the sole beneficiary spouse is more than 10 years younger. Crucially, the calculator includes an **Excise Tax Penalty Solver** that computes the 25% federal tax penalty (and the reduced 10% timely correction rate) if the user fails to withdraw the full mandatory amount.
Why This Matters
- Retirees (Age 73+): Calculate the exact amount that must be withdrawn before December 31 to avoid severe tax penalties.
- Estate & Tax Planners: Forecast RMD withdrawals over a 20
- year horizon to model how mandatory cash flows affect tax brackets and plan asset depletion.
- Spouses of Account Owners: Calculate joint lifetime divisors if there is a significant age gap, preserving capital in the account longer.
- Account Custodians: Educate clients about the SECURE Act 2.0 updates and help them correct previous
- year RMD shortfalls.
Core Features
1. SECURE Act 2.0 Starting Age Engine
How It Works
Our high-performance online utility runs entirely client-side, processing your requests securely and instantly inside your web browser. For related features, you can also use our 401k and Roth IRA tools.
Core Features
Designed for professional results, privacy, and maximum compatibility across all modern desktop and mobile browsers. Enjoy unlimited free calculations without hidden fees.
Frequently Asked Questions
Does this include SECURE Act 2.0 rules?
Yes. Calculate RMD using IRS Uniform Lifetime Table with current age requirements and spousal overrides.