Required Minimum Distribution Guide

How to Calculate 401(k) RMDs

Learn the standard required minimum distribution formula, which account balance to use, how IRS life-expectancy factors work, and how to estimate a yearly distribution.

✓ RMD formula ✓ Worked example ✓ Interactive estimator

What is the RMD calculation formula?

For many retirement accounts, the standard calculation uses the account balance at the end of the previous calendar year divided by an applicable IRS life-expectancy factor. The correct factor depends on the IRS table and your circumstances.

STANDARD RMD FORMULA

RMD = Prior year-end balance ÷ IRS factor

Use the applicable IRS distribution table and account-specific rules.

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Prior year-end balance

Start with the account balance on December 31 of the year before the RMD year, subject to applicable adjustments and rules.

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IRS distribution factor

The factor generally comes from an IRS life-expectancy table selected according to your circumstances.

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Correct distribution year

Make sure you are calculating the RMD for the correct year and account. The first-year deadline can differ from later annual deadlines.

Example: calculating an RMD

Suppose an eligible account had a December 31 balance of $300,000 and the applicable IRS factor was 26.5.

Illustrative calculation

$300,000 ÷ 26.5 = approximately $11,320.75

This is an example of the formula, not a personalized distribution amount. The factor of 26.5 is used for illustration only; confirm the factor for your age and applicable IRS table.

Which IRS table should you use?

The correct table is important. The Uniform Lifetime Table is commonly used by account owners, but another table may apply depending on your beneficiary or spouse's circumstances.

IRS tableGeneral useImportant note
Uniform Lifetime TableCommonly used by account owners calculating their own RMDs.There is a special rule for a spouse who is the sole beneficiary and more than 10 years younger.
Joint and Last Survivor TableGenerally used when the owner's spouse is the sole beneficiary and is more than 10 years younger.The factor depends on both the owner's age and the spouse's age.
Single Life Expectancy TableUsed for certain beneficiary RMD calculations.Beneficiary rules can vary by relationship, date of death, and applicable law.

Do not assume one factor fits every account

The estimator below uses selected Uniform Lifetime Table factors for a basic illustration. It is not suitable for every beneficiary situation, a spouse who qualifies for the Joint and Last Survivor Table, or every special rule.

RMD calculator

Enter your prior year-end balance and age to estimate an RMD using selected Uniform Lifetime Table factors. For an actual distribution, verify the factor against the current IRS table and confirm which table applies to you.

Estimate your annual RMD

Use the balance for the year before the RMD year.
This simplified tool uses selected Uniform Lifetime Table factors from age 73 onward.

Your illustrative result

Prior year-end balance$300,000
Illustrative IRS factor26.5
Estimated annual RMD$11,320.75
Approximate monthly equivalent$943.40

This estimate does not determine your legal distribution obligation, account eligibility, exact due date, or tax liability. Confirm the applicable IRS table and plan rules before taking a distribution.

Factors that can change your calculation

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Beneficiary circumstances

A qualifying younger spouse who is the sole beneficiary may require a different table. Beneficiary RMDs can also follow separate rules.

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Employment status

An eligible employee may be able to delay RMDs from a current employer's plan until retirement if the plan and federal rules permit it.

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Account type

Traditional 401(k)s, IRAs, designated Roth accounts, and inherited accounts can have different distribution requirements.

RMD deadlines and taxes

Your calculation tells you the amount, but you also need to confirm the deadline. The first RMD generally may be delayed until April 1 of the year after the year you reach your applicable starting age. Subsequent RMDs are generally due by December 31 each year.

Plan ahead for possible tax consequences

RMDs from traditional 401(k) accounts are generally taxable as ordinary income. If you delay the first RMD until April 1, you may need to take two RMDs in the same calendar year. That can affect the taxable income reported for that year.

Missing an RMD deadline can trigger an excise tax on the shortfall. Correction provisions may apply in certain circumstances, so seek guidance promptly if you think you missed a required distribution.

Frequently asked questions

What is the formula for calculating an RMD?

The standard calculation generally divides the relevant prior year-end account balance by an applicable IRS life-expectancy factor. The correct factor depends on the account owner's circumstances and which IRS table applies.

Which account balance should I use?

For many RMD calculations, the starting balance is the account value on December 31 of the previous year. Certain account adjustments and special rules may apply, so confirm the correct balance with the plan administrator or custodian.

Can I use the same IRS factor every year?

For the Uniform Lifetime Table, the factor generally changes as you age. Beneficiary situations and other exceptions may require a different table or method. Check the factor applicable to each distribution year.

Are RMDs taxable?

Distributions from traditional 401(k) accounts are generally taxable as ordinary income, subject to applicable rules. Qualified distributions from designated Roth accounts are generally tax-free, and the original owner generally has no lifetime RMDs from a designated Roth 401(k) beginning in 2024.

Read the guide to RMD taxes →

When do 401(k) RMDs start?

The general starting age depends on your birth year and account circumstances. Some eligible employees can delay RMDs from their current employer's plan until retirement if the plan permits it.

Learn when 401(k) RMDs start →

Can I calculate an inherited 401(k) RMD with this calculator?

No. Inherited retirement accounts can follow different distribution schedules and IRS table rules. Use the relevant beneficiary guidance and consult the plan administrator or a qualified tax professional.

Related retirement guides

Official resource

Internal Revenue Service (IRS)

Verify current RMD rules, applicable life-expectancy tables, and retirement-plan guidance directly with the IRS.

Visit IRS retirement plans ↗

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