Required Minimum Distribution (RMD) Calculator

If you’re age 70½ or over and have a Traditional IRA, Rollover IRA, SEP IRA, or SIMPLE IRA, you’re required by law to take Required Minimum Distributions (RMDs) annually. The RMD rules also apply to your employer sponsored plans, such as a 401(k), as long as you’re no longer working. To read more about Required Minimum Distributions and what they might mean for you, check out our Required Minimum Distribution page.