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RMD I don’t know what my RMD was for this y

 
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2 Replies
SabrinaD2
Expert Alumni

RMD I don’t know what my RMD was for this y

To calculate your Required Minimum Distribution (RMD) for this year:

  1. Find Your Life Expectancy Factor: Use the IRS Uniform Lifetime Table.
  2. Calculate RMD: Divide your account balance (as of December 31 last year) by your life expectancy factor.

For example: For an account balance of $100,000 and an age of 75, your Required Minimum Distribution (RMD) is calculated as follows:

  1. Find Your Life Expectancy Factor: For age 75, the life expectancy factor from the IRS Uniform Lifetime Table is 22.9.
  2. Calculate RMD: Divide your account balance by the life expectancy factor: RMD=$100,00022.9≈$4,366.81RMD=22.9$100,000​≈$4,366.81

Please see RMD Calculators below:

 

RMD I don’t know what my RMD was for this y

did you sign up with the custodian for automatic RMD delivery?

@porfiliosilva 

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