When you are the beneficiary of a retirement plan, specific IRS rules regulate the minimum withdrawals you must take. Use this calculator to determine your Required Minimum Distribution (RMD) if the original account owner died before 1/1/2020 or for non-spouse Eligible Designated Beneficiaries (generally this only applies to chronically ill individuals and non-adult children). This calculator has been updated for the 'SECURE Act of 2019 and CARES Act of 2020'.
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Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.