How is an RMD usually calculated?

For a standard IRA owner, the prior December 31 account value is divided by an IRS life expectancy factor for the owner age in the distribution year.

Does this estimator cover inherited IRAs?

No. Inherited IRA, spouse beneficiary, plan-specific, and tax penalty rules can differ. Use this estimator only as an educational starting point.

Gold IRA Required Minimum Distribution Estimator

Estimate the required minimum distribution for a non-inherited IRA using age, distribution year, prior year-end account value, and the IRS Uniform Lifetime Table.

Recalculating RMD estimate...

Source Notes

The IRS states that RMDs are generally calculated by dividing the prior December 31 balance by a life expectancy factor published in IRS tables. This estimator uses the Uniform Lifetime Table divisors effective for 2022 and later years.

Sources: IRS RMD FAQs and IRS Uniform Lifetime Table.

FAQ

How is an RMD usually calculated?: For a standard IRA owner, the prior December 31 account value is divided by an IRS life expectancy factor for the owner age in the distribution year.
Does this estimator cover inherited IRAs?: No. Inherited IRA, spouse beneficiary, plan-specific, and tax penalty rules can differ. Use this estimator only as an educational starting point.