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K
kesantti
March 16, 2025
Question

How do I calculate RMD?

  • March 16, 2025
  • 1 reply
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    1 reply

    SharonD007
    SharonD007
    March 17, 2025

    If you're at least 73, all of your distributions should be ‌a RMD from any type of employee-sponsored retirement plan (including profit-sharing, 401(k), 403(b) and 457(b) plans). It doesn’t just apply to IRAs. If you're not sure if you are receiving a RMD, contact the plan administrator and ask them.

     

     You can also review the TurboTax article What is an RMD? and Why don't I have an RMD listed on my 1099-R? for more information.

     

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