Required Minimum Distribution (RMD) for Current Year
The IRS requires that you withdraw at least a minimum amount - known as a Required Minimum Distribution - from some types of retirement accounts annually, starting the year you turn age 70-1/2. Determining how much you are required to withdraw is an important issue in retirement planning. Use this calculator to determine your Required Minimum Distributions.
Financial calculators are provided for your personal use and self-help. Precipio Wealth Management cannot guarantee the accuracy of any calculator or its applicability to your financial circumstance. Always consult with qualified professionals for all personal financial planning and tax advice.