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Required Minimum Distribution (RMD)

Use this calculator to determine your Required Minimum Distribution (RMD). The IRS requires that you withdraw at least a minimum amount - known as a Required Minimum Distribution - from some types of retirement accounts annually. The distributions are required to start when you turn age 72 (or 70 1/2 if you were born before 7/1/1949). This calculator has been updated for the 'SECURE Act of 2019 and CARES Act of 2020'.

Alaska USA Federal Credit Union
PO Box 196613
Anchorage, AK 99519

Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

 

Disclaimer:

The information provided by this calculator is for illustrative purposes only and accuracy is not guaranteed. The default values shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results.

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