RMD Calculator
Calculate Required Minimum Distributions and their impact on taxable income.
Client Details
Is the sole beneficiary a spouse more than 10 years younger?
Why Your IRA May Be a Liability in Disguise…
It’s not just about what you grew —
it’s about what the IRS requires you to take out and tax.
The RMD "Tax Trap"
Most retirees view their IRA as their biggest asset.
However, once you reach age 73 (or 75), the IRS mandates Required Minimum Distributions (RMDs).
These forced withdrawals can push you into higher tax brackets, trigger Medicare surcharges (IRMAA), and increase the taxation of your Social Security benefits.
What This Analysis Reveals
- Your exact required distribution for the current year
- The estimated tax impact of your withdrawal
- Your remaining balance after the distribution
- How life expectancy factors change your requirements
- Strategies to manage or reduce the RMD burden
Why This Matters
RMDs are not optional. Failing to take the correct amount results in significant IRS penalties. By calculating your impact now, you can explore strategies like Roth conversions or Qualified Charitable Distributions (QCDs) to keep more of your hard-earned wealth.
After completing this analysis, you will see:
- Your Distribution Analysis
- Your Estimated Tax Impact
- Your Remaining Portfolio Balance
- A Clear Explanation of the IRS Formula
RMD rules are complex and the penalties for mistakes are high. You’re calculating your distribution now — ensuring you stay compliant and tax-efficient.