This calculator can be used to determine your Required Minimum Distribution (RMD) from a traditional 401(k) or IRA. In general, you must begin withdrawing money by April 1st of the year following the year that you turn 70. In general, your age and account value determine the amount you must withdraw. Note that taxes may be due on distributions from a traditional IRA or 401(k). Do not include balances from a Roth IRA or Roth 401(k) when using this calculator. This calculator is not designed to work for beneficiary (inherited) IRAs. That capability may be added in a forthcoming update.
What's new in version 1.1
Minor fix to the display of the account value on the Results screen.
ReleaseJuly 10, 2013
Date AddedJuly 10, 2013
Additional RequirementsCompatible with iPod Touch (3rd generation or later, iPhone 3Gs, iPhone 4, iPad. iTunes account required.