Rmd Distribution Table 2024 Excel. Let's break down how to calculate required minimum distribution (rmd) for your situation. Use smartasset's required minimum distribution (rmd) calculator to determine how much you need to withdraw from your accounts.
Retirees who are age 72 or above are required by the irs to take a minimum distrubtion annually. To calculate your required minimum distribution for the current year, you divide your account balance at the end of the last year by your life expectancy.