# Required Minimum Distribution (RMD) - Future Projection

The IRS requires that you withdraw at least a minimum amount - known as a Required Minimum Distribution - from your retirement accounts annually; starting the year you turn age 70-1/2. Determining how much you are required to withdraw is an important issue in retirement planning. Use this calculator to determine your Required Minimum Distributions.

## Required Minimum Distribution (RMD) - Future Projection Definitions

Calculation notes
This calculator follows the latest IRS rules and life expectancy tables, which were finalized on April 16th, 2002. These new IRS regulations were optional in 2002 but became mandatory as of January 1st, 2003. If you have questions, please consult with your own tax advisor regarding your specific situation.
Owner name
Please enter the account owner's name.
Owner birthdate
Please enter the account owner's birthdate.
Name of account
Please enter the name of the account for this analysis.
Hypothetical Interest rate
This is the expected rate of return on your account. This is only used to help project your future account balances (which of course will impact your required minimum distribution). The actual rate of return is largely dependent on the types of investments you select. The Standard & Poor's 500® (S&P 500®) for the 10 years ending Dec. 1st, 2015, had an annual compounded rate of return of 7.76%, including reinvestment of dividends. From January 1970 through to Dec. 2015, the average annual compounded rate of return for the S&P 500®, including reinvestment of dividends, was approximately 10.5% (source: www.standardandpoors.com). Since 1970, the highest 12-month return was 61% (June 1982 through June 1983). The lowest 12-month return was -43% (March 2008 to March 2009). Savings accounts at a financial institution may pay as little as 0.25% or less but carry significantly lower risk of loss of principal balances.

It is important to remember that these scenarios are hypothetical and that future rates of return can't be predicted with certainty and that investments that pay higher rates of return are generally subject to higher risk and volatility. The actual rate of return on investments can vary widely over time, especially for long-term investments. This includes the potential loss of principal on your investment. It is not possible to invest directly in an index and the compounded rate of return noted above does not reflect sales charges and other fees that Separate Account investment funds and/or investment companies may charge.

Amount subject to RMD
Mutual fund accounts and Thrivent fixed annuity contracts use the previous year-end value. Variable annuity contracts use the actuarial year-end contract value, which may include living and death benefits, when determining the RMD amount. For Thrivent products, contact the Customer Interaction Department at 888-422-5737 and say 'variable annuity' to obtain the actuarial value on variable annuities. For non-Thrivent variable annuity contracts, contact the issuing company for this information.
Plan type
Please enter the plan type. The plan type will not affect the calculations, it is used for descriptive purposes only.
Next-Generation IRA Checkbox

Next-Generation IRAsm is a concept to potentially help extend the period of tax-deferred earnings beyond the lifetime of the IRA owner. The Next Generation IRAsm concept works as follows:

With Spouse as First Beneficiary

1. The IRA owner names his/her spouse as sole primary beneficiary of the IRA. While alive, the IRA owner begins taking RMD payments at age 70 Ã‚Â½, using the Uniform Distribution Period Table to calculate the distribution (unless the spouse is more than 10 years younger than the owner).

2. Upon the death of the IRA owner, the surviving spouse rolls over the funds to his/her own IRA. Any RMD amount from the decreased spouses's IRA cannot be rolled over. The surviving spouse names a new IRA beneficiary, such as children, and begins taking RMD at age 70 1/2 based on the Uniform Distribution Table.

3. Upon the surviving spouse's death, beneficiaries are required to take distributions. The beneficiaries generally take distributions from the IRA based on the life expectancy of the oldest beneficiary.

With Non-spousal First Beneficiary

1. The IRA owner names a beneficiary or beneficiaries of the IRA. While alive, the IRA owner begins taking RMD payments at age 70 Ã‚Â½ using the Uniform Distribution Table to calculate the distribution.

2. Upon the death of the IRA owner, the beneficiaries are required to take distributions. The beneficiaries generally take distributions from the IRA based on the life expectancy of the oldest beneficiary.

The Next Generation IRAsm technique is designed for individuals who will not need the funds in the IRA for their own retirement needs.

The figures created for the Next-Generation IRAsm. Concept are hypothetical and based on current and variable assumptions you selected to help illustrate a concept. Many factors could impact this hypothetical concept, such as possible changes to tax laws in the future, the impact of inflation and other risks. The figures do not represent past or guarantee future performance of any specific product sold by Thrivent Financial or its affiliates. Actual rates of return may vary and are not guaranteed.

Owner's assumed death
When calculating for the Next-Generation IRA technique, we use this date as the assumed death of the account owner.
Is beneficiary a spouse? Checkbox
Check this box if your only beneficiary is your spouse. The new IRS rules use a uniform table to calculate all life expectancies for determining a minimum distribution. The only exception to this rule is if the only beneficiary is a spouse and he or she is more than 10 years younger than the account owner. In this situation, the joint life expectancy table is used. The Joint Life expectancy table normally produces lower required distributions.

We also use this entry for the Next-Generation IRA technique to determine whether to calculate for a spouse's beneficiary life expectancy.

Beneficiary birthdate
Please enter the account beneficiary's birthdate.
Beneficiary name