Welcome to the RMD Calculator! Individuals aged 73 or older are mandated by the US government to withdraw a Required Minimum Distribution (RMD) annually from their tax-deferred retirement accounts, which is calculated based on the current RMD formula. The RMD Calculator assists in estimating the RMD amount for varying combinations of account balance and age.
This application utilizes data obtained from the IRS but is not formally endorsed or certified by the organization. It is intended for informative purposes only and should be used as a general reference tool. It's crucial to remember that the regulations surrounding RMDs are subject to change. We strongly advise consulting with a tax professional for personalized guidance as neither this app nor its outcomes constitute tax advice.
Overview
RMD Calculator is a Freeware software in the category Business developed by Jessica Battisto.
The latest version of RMD Calculator is 2.0, released on 10/05/2024. It was initially added to our database on 03/22/2024.
RMD Calculator runs on the following operating systems: iOS.
Users of RMD Calculator gave it a rating of 5 out of 5 stars.
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