The Internal Revenue Service (IRS) requires you to take Required Minimum Distribution (RMD) withdrawals from your retirement account(s) annually beginning the year you reach the RMD-eligible age. RMD-eligible age is:

  • Age 73 if you were born January 1, 1951, or later.*  
  • Age 72 if you were born after June 30, 1949, and before January 1, 1951.** 
  • Age 70 ½ if you were born before July 1, 1949. 

Use this calculator to help determine how you can stretch out your payments for as long as possible.

* The RMD-eligible age will increase to age 75 after December 31, 2032.
** For individuals turning age 72 in 2023, no RMD payment is required in 2023.


See below for important disclosure.

Information and interactive calculators are made available to you as educational tools for your independent use. 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. Actual results will vary. This information is not intended as investment advice, a recommendation, or solicitation of an offer to sell or buy any security, product, investment or strategy. The results may be used as a resource in making investment decisions but should not be relied on primarily or comprehensively as your financial plan. Please consult with your financial professional regarding your situation. For legal, accounting or tax advice, consult the appropriate professional.

RO: 2807024 (04/2023)