Calculate mandatory IRA and 401(k) withdrawals under IRS rules. Avoid the 25% penalty tax by understanding your Required Minimum Distribution obligations.
SECURE 2.0: RMDs now start at age 73 (born 1951-1959) or 75 (born 1960+). Penalty reduced to 25% (10% if corrected quickly).
Enter account details to calculate your mandatory IRS distribution
RMDs can push you into higher tax brackets and trigger Medicare IRMAA surcharges. Strategic Roth conversions before age 73 reduce future RMD liabilities and create tax-free income streams.
Starting age increased to 73 (born 1951-1959) or 75 (born 1960+). Penalty reduced from 50% to 25%, and further to 10% if corrected within correction window. Roth 401(k) no longer requires RMDs.
Direct IRA-to-charity transfers (up to $105,000 in 2024) satisfy RMD requirements without increasing taxable income. Effective for retirees in high brackets who itemize deductions.