Rmd Calculator 2024 Bankrate India. A required minimum distribution, or rmd, is a specific amount of money that must be withdrawn from some retirement plans the year after you turn 72. Plus review your projected rmds over 10 years and over your lifetime.

Use our required minimum distribution (rmd) calculator to determine how much money you need to take out of your traditional ira or 401(k) account this year. A required minimum distribution, or rmd, is a specific amount of money that must be withdrawn from some retirement plans the year after you turn 72.