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New Member
posted Feb 8, 2025 1:43:10 PM

How to figure out your RMD?

how do you calculate your RMD?

0 2 487
2 Replies
Expert Alumni
Feb 8, 2025 2:04:50 PM

You can use the IRS calculators located at Required Minimum Distribution Worksheets.

Level 15
Feb 8, 2025 2:32:07 PM

And you only have to figure it for a 401k, TSP, or IRA...retirement accounts where you have to initiate the payment.

 

For Pension $$ that you are already receiving monthly, and that you have no control over anymore?  For those the RMD is whatever you receive for the year. Just the box 1 value of the 1099-R form.  The payer of the pension has already made sure the $$ sent comply with the IRS RMD requirements..