1 tool
Calculates the Required Minimum Distribution (RMD) amount from various retirement accounts based on current rules and beneficiary information. This tool takes key personal data, such as account balances, age, and life expectancy factors, to determine the minimum amount of money that must be withdrawn annually. Furthermore, it offers predictive modeling, allowing users to estimate potential future distributions over time to help visualize their withdrawal schedule. Individuals managing retirement funds or planning for post-career income use this resource to ensure compliance with IRS regulations. It helps users accurately gauge their necessary withdrawals and plan their overall financial strategy years in advance. By projecting required amounts, it assists retirees and pre-retirees in making informed decisions regarding asset management and long-term savings goals.
