RMD Calculator — Required Minimum Distribution

For those born 1951-1959, RMDs must begin at age 73. For those born in 1960 or later, RMDs start at age 75. Your first RMD is due by April 1 of the year after you reach RMD age.

The IRS imposes a 50% excise tax on the RMD amount that should have been withdrawn but wasn't. This is one of the steepest penalties in the tax code!