Calculate Required Minimum Distributions and understand how they affect retirement income and tax planning

The RMD Calculator helps you estimate your required minimum distributions and understand how those withdrawals may impact your retirement income and tax situation. By showing how RMDs interact with other income sources, it provides clarity around cash flow, tax exposure, and planning opportunities—so distributions are handled intentionally, not reactively.

⚠️ Educational Tool Disclaimer

This tool provides educational estimates only and is not tax advice. RMD calculations are based on IRS Uniform Lifetime Tables and simplified assumptions. Actual RMDs may differ based on spousal age differences, inherited accounts, and other factors. Consult with qualified tax professionals for personalized RMD planning.

Your Information

Used to determine your age for RMD calculations

Year for which to calculate RMDs

%

Your marginal tax rate on RMD income

%

Assumed return rate for future projections

Understanding RMDs

What Are RMDs?

Required Minimum Distributions (RMDs) are mandatory annual withdrawals from tax-deferred retirement accounts. The IRS requires these distributions starting at age 73 (for those born 1951-1959) or age 75 (born 1960 or later).

Which Accounts Require RMDs?

  • Traditional IRAs
  • SEP IRAs
  • SIMPLE IRAs
  • 401(k), 403(b), 457(b) plans
  • Inherited IRAs (different rules apply)

Roth Accounts

Roth IRAs do NOT require RMDs during the owner's lifetime. Roth 401(k)s DO require RMDs, but can be avoided by rolling to a Roth IRA before RMDs begin.

Penalty for Missing RMDs

Failure to take your full RMD results in a 25% excise tax on the amount not withdrawn (reduced to 10% if corrected within 2 years). The RMD is also still taxable as ordinary income.

QCD Strategy: Qualified Charitable Distributions (QCDs) allow those 70½+ to donate up to $105,000 annually directly from IRAs to charity, satisfying RMD requirements without increasing taxable income.

Your RMD Summary

10-Year RMD Projection

Need Help with RMD Planning?

Strategic RMD planning involves tax optimization, QCD strategies, and coordinating with Social Security and other income sources. Let's discuss a comprehensive approach.

Schedule a Consultation

Long Financial Services | Educational Tool

This tool uses IRS Uniform Lifetime Tables for RMD calculations. Different rules apply for inherited IRAs, accounts with spouse beneficiaries more than 10 years younger, and certain other situations. This calculator does not account for all RMD exceptions and special circumstances. Consult with qualified tax professionals for personalized advice.

4760 Preston Rd, Frisco, TX 75034 | 888-553-6428 | info@longfsg.com