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moeturgeon
Returning Member

Can I calculate RMD for me and my wife?

 
1 Reply
Cindy0H
New Member

Can I calculate RMD for me and my wife?

Yes, you can. 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.

Here is an article with instructions:

https://smartasset.com/retirement/how-to-calculate-rmd

Here is a calculator for 2019:

https://www.kiplinger.com/tool/retirement/T032-S000-minimum-ira-distribution-calculator-what-is-my-m...

If you have other questions about this, ask in the comment section below.

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