@bobbecker44 wrote:
How do I determine how much my RMD is?
RMD for what type of account?
401(k)'s, pensions, etc are calculated by the plan administrator.
For Traditional IRA's You can ask the financial institution that has the IRA to calculate it for you. Your total Traditional IRA RMD is the total value of all Traditional, SEP and SIMPLE IRA accounts that you might have as Dec, 31 of the previous year, divided by your live expediency as defined in IRS Pub 590B appendix B:
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
