How is the amount of my first RMD actually calculated?
The IRS calculates your required minimum distribution by dividing your Traditional IRA balance as of December 31 of the prior year by a life-expectancy factor from the IRS Uniform Lifetime Table, which is tied to your age. As you get older the factor shrinks, so the required percentage of your balance rises each year. Your first RMD is due by April 1 of the year after you turn your applicable RMD age, but delaying that first one means taking two in the same calendar year, which can bunch income. If your sole beneficiary is a spouse more than 10 years younger, a different table applies. Estimate yours with the RMD calculator at wealthserene.com/tools/rmd-calculator.
Educational disclaimer: All content on WealthSerene.com is for educational purposes only and does not constitute investment advice. Projections and calculations are illustrative — actual results will vary based on market conditions, your specific situation, and many factors outside this tool’s scope. Always consult a qualified financial professional for advice specific to your situation. View full disclosures →