Required Minimum Distribution Calculator
Required Minimum Distribution: a planned Super Calculator tool. Covers prior year end balance (USD). Stub page while the tool and its worked example are.
Required Minimum Distribution Calculator is a planned calculator in the finance section of Super Calculator, covering retirement.
What this calculator will compute
Inputs: prior year end balance (USD), age, beneficiary type and age, account type and inherited flag and year of death.
Outputs: required distribution (USD), life expectancy factor, penalty exposure if missed (USD) and table used.
Formula, recorded as scope and not yet verified against a primary source: Distribution equals the prior year end account balance divided by the life expectancy factor from the applicable Internal Revenue Service table: the Uniform Lifetime Table for most owners, the Joint and Last Survivor Table where a spouse more than ten years younger is the sole beneficiary, and the Single Life Table for most inherited accounts.
Status
This page is a stub. The calculator is not built, no figure on this page has been verified against the authority that sets it, and nothing here should be used to make a decision. The page exists so that the site structure is complete and so that articles can link this concept on first mention.
The stub carries noindex, nofollow and is excluded from the sitemap.