Required Minimum Distribution

Calculate the expected RMD based on the assumptions provided.

No script is provided for this screen.

This calculator implements the RMD calculations described in IRS Publication 590.

The RMD calculation is simply the IRA Amount (at end of previous year) divided by the user's (or the user's beneficiary) life expectancy. The life expectancy can be determined from three tables contained in Publication 590. They are:

•The Uniform Lifetime Table (for use by unmarried owners and owners whose spouses are NOT more than 10 years younger)

•The Single Life Expectancy Table (for use by beneficiaries)

•The Joint Life Expectancy Table (for use by owners whose spouses are more than 10 years younger)