Calculate your Required Minimum Distribution (RMD) from tax-deferred retirement accounts. This tool helps users determine their annual RMD based on account balance and age, as mandated by US government regulations for individuals 73 and older.
2.2
May 11, 2025
Bug fixes and performance improvements
The RMD Calculator app is a tool designed to help users determine their Required Minimum Distribution (RMD) from tax-deferred retirement accounts. It calculates the RMD based on the user's age and account balance, as required by US government regulations for individuals 73 and older.
The app takes your current account balance and your age as input. It then uses IRS-sourced information to perform the calculation for your Required Minimum Distribution. The results are intended as a rough guide for informational purposes.
Yes, the RMD Calculator app is available for free. There are no in-app purchases or advertisements mentioned in the provided information.
Required Minimum Distributions (RMDs) are mandatory withdrawals that individuals must take from their tax-deferred retirement accounts once they reach a certain age, currently 73 in the US. These distributions are subject to income tax.
No, this app explicitly states that it should be used as a rough guide and for informational purposes only. It does not constitute tax advice, and users are strongly advised to seek the advice of a qualified tax professional for any tax-related matters.
