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New Member
posted Mar 16, 2025 9:38:28 AM

RMD required amount per year

where do I find my RMD rquired amount per year

0 2 401
2 Replies
Level 15
Mar 16, 2025 10:32:12 AM

Your RMD is generally calculated by your financial institution. 

Expert Alumni
Mar 16, 2025 10:33:03 AM

Your Broker can and will calculate your RMD for the account they manage.

  • Provided you've received all of your 1099-R's
  • And you did not take any additional distributions
  • Your RMD would equal your 1099-R total

The RMD is a portion of your total contributory retirement accounts that you must withdraw each year.

The minimum distribution rules apply to these types of plans:

  • Traditional IRAs
  • SEP IRAs
  • SIMPLE IRAs
  • 401(k) plans
  • 403(b) plans
  • 457(b) plans
  • Profit sharing plans
  • Other defined contribution plans
  • Roth IRA beneficiaries