Estimate Your RMD

Results

RMD regulations have shifted in recent years, including an increase in the starting age and updated life expectancy tables. If this figure differs from what you expected, it likely reflects these new federal guidelines. While this estimate provides a baseline, a tax or financial professional can help you evaluate how these rules apply to your specific goals.

Withdrawals from your 401(k), traditional IRA, or any other defined contribution plans are taxed as ordinary income and, if taken before age 59½, may be subject to a 10% federal income tax penalty.

Note:

This estimate uses the IRS Uniform Lifetime Table, which applies to most retirees. This calculation assumes that:

• You are unmarried.
• or You are married, and your spouse is not more than 10 years younger than you.
• or Your spouse is not the sole beneficiary of your account.

If your spouse is your sole beneficiary and is more than 10 years younger than you, a different IRS table applies, typically resulting in a lower required withdrawal.