RMD Calculator

OwnYourPension

Once you hit your required-minimum-distribution age, the IRS makes you pull a slice of your traditional IRA or 401(k) every year — and tax it — whether you need the money or not. See this year’s RMD, then the part most people miss: what to actually do with it. An educational estimate, not tax advice.

“OwnYourPension” is an educational brand name — not a pension provider. This is a general estimate, not tax or investment advice. Annuities are insurance products, not employer or government pensions, and are not insured by the PBGC, the FDIC, or any government agency.

Your numbers

Your age this year Traditional IRA / 401(k) balance — total as of Dec 31 last year

Uses the IRS Uniform Lifetime Table (the standard table for most owners). RMDs currently begin at age 73. Roth IRAs have no RMDs for the original owner. Inherited accounts follow different rules.

This year’s RMD

Required minimum distribution

Distribution period

Of the balance

Per month

Enter your age and balance to see your RMD.

Don’t need the income? You still have options.

An RMD is taxable whether you spend it or not — but you don’t have to let it just sit. Reinvest it, give it to charity tax-free (a QCD), or turn that forced withdrawal into guaranteed income you can’t outlive. Send your details and an OwnYourPension specialist will walk through the choices for your situation. No pressure.

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Important. This calculator is for educational purposes only and is not tax, legal, or investment advice, nor a recommendation to buy any product. It estimates a single account’s RMD using the IRS Uniform Lifetime Table and the prior-year-end balance you enter; your actual RMD depends on your exact account balances, your applicable required-beginning age, whether a spouse more than 10 years younger is your sole beneficiary (a different table applies), and IRS rules in effect for the year. If you own multiple traditional IRAs the RMD is calculated per account but may be aggregated for withdrawal; 401(k)s generally are not aggregated. Roth IRAs have no RMDs during the original owner’s lifetime; inherited accounts follow separate rules. Missing or under-taking an RMD can trigger an IRS penalty. Confirm your figures with your tax professional and your custodian. References to annuities are general: turning RMD proceeds into an annuity has its own costs, tax, and liquidity trade-offs and is not always appropriate. Guarantees on any insurance product are backed solely by the claims-paying ability of the issuing insurance company — not by OwnYourPension, by any insurance agency, or by any government agency. OwnYourPension is an educational resource and is not an insurance company; products are offered through licensed insurance agencies we work with, who are compensated by commission. OwnYourPension is affiliated with T&T Capital Management LLC, a registered investment adviser and fiduciary that charges a fee for advisory services; which entity serves you, and how it is compensated, is disclosed before you engage.