What is the maximum withdrawal amount

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Withdrawal from what? What are you asking?

**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.**

Are you asking about the RMD from a IRA or 401K account? That is the minimum you have to take. There is no maximum.

Here is a worksheet to calculate the RMD

https://www.irs.gov/pub/irs-tege/uniform_rmd_wksht.pdf

IRS Publication 590B on IRA Distributions

https://www.irs.gov/pub/irs-pdf/p590b.pdf

I don’t understand why I charged an additional $220 when I already paid the maximum payment amount of $83. why does it keep charging 220? Please refund money!

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