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mjragreenwalt
February 22, 2025
Question

Is an RMD a percentage of my 401k? If so, what percentage number?

  • February 22, 2025
  • 1 reply
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    1 reply

    DoninGA
    DoninGA
    Employee
    February 22, 2025

    The required minimum distribution for any year is the account balance as of the end of the immediately preceding calendar year divided by a distribution period from the IRS’s “Uniform Lifetime Table.” Use a different table if the sole beneficiary is the owner’s spouse who is ten or more years younger than the owner. 

     

    Go to this IRS website for the RMD tables - https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-required-minimum-distributions-rmds

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