Required Minimum Distributions (RMDs)
Calculating Distributions
Each year, the required minimum distribution is calculated by dividing:
the prior year's ending balance by a life expectancy factor.
Use the RMD calculator to calculate the distribution amounts this year. It is easy to use and requires only:
- Account holder's date of birth
- Previous year-end account value
- Beneficiary date of birth, if applicable
The information contained on these pages is for general educational purposes only, individuals should consult their financial advisor or legal counsel to determine how these regulations affect their unique situation.
