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How much are you required to withdrawal from your retirement account?

Once you reach age 70½, the IRS requires you to withdraw a minimum amount of money each year from your retirement account. This amount, also known as your Required Minimum Distribution (RMD), is determined by your age and account balance—so it changes each year.

Do you have multiple IRAs? Even though you must calculate each account individually, you can take your total RMD amount from one account or many.

Did you inherit a retirement account? If you are a beneficiary of a retirement account, use our Inherited IRA RMD Calculator to estimate your minimum withdrawal.

The analysis provided by this tool is based solely on the information provided by you. All examples, if any, are hypothetical and for illustrative purposes and do not represent current or future performance of any specific investment. No guarantees are made as to the accuracy of any illustration or calculation. This information does not serve, either directly or indirectly, as legal, financial or tax advice and you should always consult a qualified professional legal, financial and/or tax advisor when making decisions relative to your individual tax situation. All investments carry a degree of risk, and past performance is not a guarantee of future results. Generally speaking, the greater the return, the greater the risk.