Required Minimum Distribution

Required Minimum Distribution Calculator

The Required Minimum Distribution Calculator tells you how much you must withdraw from tax-deferred retirement accounts each year. You enter your account balance and your age, and it returns this year's required distribution, the IRS divisor behind it, and the monthly equivalent. Once you reach the starting age, the rules force a withdrawal each year based on your balance divided by a life expectancy factor, and every dollar comes out as ordinary income. The tool also projects how the required amount rises as the divisor shrinks with age. Use it to plan withholding, to avoid the steep penalty for missing a distribution, and to see the tax these accounts create in retirement. It puts a clear figure on a rule that surprises many retirees.