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Frequently Asked Questions

How do you calculate a RMD?

Calculating Your RMD. To calculate RMDs on a retirement plan, take the end-of-year balance and divide it by a life expectancy factor determined by the IRS.

How to calculate RMD percentage?

To calculate your RMD: Find your age in the IRS Uniform Lifetime Table click on the link below. Locate the corresponding life expectancy factor. Divide your retirement account balance as of December 31 of the prior year by your life expectancy factor.

How is RMD calculated each year?

How your IRA RMD is determined each year. Your RMD is calculated each year after you reach age 70 ½, and depends on two main variables -- your account balance and your age. Using one of two IRS life expectancy tables, you can find your expected distribution period that you'll use to calculate your RMD.

When is the RMD amount calculated?

Your RMD amount is calculated by dividing your tax-deferred retirement account balance as of December 31 of last year by your life expectancy factor. *If you have more than one tax-deferred retirement account, this number is the sum of all your account balances on December 31 last year.

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