Keyword | CPC | PCC | Volume | Score |
---|---|---|---|---|

formula to calculate rmd for 2022 | 1.24 | 0.7 | 1912 | 92 |

formula to calculate rmd for 2021 | 0.84 | 0.2 | 8525 | 80 |

How to calculate your RMD. Calculate your RMD in four steps: Using the IRS Uniform Lifetime Table below, locate the distribution period by your age. Determine your IRA or other retirement account balance as of December 31 of the year before. Divide your account balance by your distribution period.

Calculate your RMD in four steps: Using the IRS Uniform Lifetime Table below, locate the distribution period by your age. Determine your IRA or other retirement account balance as of December 31 of the year before. Divide your account balance by your distribution period. Repeat this calculation for each account that requires an RMD.

financial future, RMD RMDs, or Required Minimum Distributions, are calculated by dividing your traditional IRA or retirement plan account balance by a life expectancy factor specified in either the Uniform Lifetime Table or the Single Lifetime Table. Your account balance is usually calculated as of December 31 of the previous year.