If you're over age 70½ you may be subject to taking annual withdrawals or required minimum distributions (RMDs) from your tax-deferred retirement accounts such as a traditional IRA. This tool will help you estimate the annual withdrawals you may need to take.

(As of 12/31 of last year)
Please enter an Account Balance that is $7M or less.
$
 
 
$0
$7M
Your Date of Birth:
Please enter a valid date of birth, 1903 to present.
Primary Beneficiary Date of Birth:
Please enter a valid date of birth, 1911 to present.
Please enter a rate of return that is 12% or less.
%
 
 
0%
12%

Your Required Minimum Distribution is: (for the current year)

(starting at the age of

Scroll over the chart to show your estimated RMD over the next years based on your inputs.

Estimated RMD chart over the next 30 years
Required Minimum Distribution:
Account Balance:
Account Balance

This is the fair market value of your traditional IRA accounts on 12/31 of last year. You can look at your year end statement for that value. If you took a Qualified Charitable Distribution, speak with a tax advisor about how to calculate your RMD.

Primary Beneficiary

We use this information to determine which life expectancy table you need to use according to the IRS.

Estimated Rate of Return

Your required minimum distribution is affected by your future account balances, which are in turn based on the estimated rate of return on your account. Please input what you believe your possible rate of return on your account will be going forward. Your rate of return cannot be predicted with any certainty and is based on the types of securities that you hold and the respective performance of those securities. Please keep in mind that the actual rate of return may differ greatly from your input, including potential loss of principal due to market fluctuations.