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Barbarajohns75
January 21, 2025
Question

what is the formula for calculating a required minimum distribution from a 401K for a person who turned 73 in 2024?

  • January 21, 2025
  • 1 reply
  • 0 views
I need to calculate the amount I need to withdraw from my 401K, since I turned 73 in 2024.

    1 reply

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    xmasbaby0
    Employee
    January 21, 2025

    The financial institution that holds the 401k account can calculate your RMD----ask them.

    **Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
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