What's new with required minimum distributions? We cover the basics here.

Timing of your first RMD
Account type | Timing of first RMD |
---|---|
IRAs including traditional, SEP, and SIMPLE | By April 1 of the following year after reaching RMD age |
401(k), 403(b), 457(b) plans, or other qualified plan | By April 1 of the following year after reaching RMD age. However, if you are still employed, you may be able to delay your first RMD until April 1 of the year after you retire. A few other caveats apply: The exemption applies only to the account for your most recent employer, the plan must allow this exemption, and you cannot own more than 5% of a business. |
Roth IRA | RMDs are NOT required |
Roth 401(k), 403(b), or 457(b) (designated Roth account) | RMDs are NOT required |
Inherited retirement accounts | If the deceased has not taken their RMD, you must generally take a distribution for them by December 31 of the year of death. If the heir of the account is of RMD age, they might also be subject to their own RMDs. The RMD rules for inherited accounts are very complex.* |
RMD aggregation rules
Account type | Aggregation rule |
---|---|
IRAs including traditional, rollover, SEP, and SIMPLE* | Yes, you can aggregate with other IRA accounts |
401(k) or other qualified pre-tax plan | No, each account must have its own RMD |
Governmental 457(b) plans** | No, each account must have its own RMD |
403(b) plans | Yes, but only with other 403(b) accounts |
Roth IRA | RMD is not required |
Roth 401(k), 403(b), or 457(b) (designated Roth account) | RMD is not required |
Calculating RMDs
Age | Distribution period (DP) |
---|---|
73 | 26.5 |
74 | 25.5 |
75 | 24.6 |
76 | 23.7 |
77 | 22.9 |
78 | 22.0 |
79 | 21.1 |
80 | 20.2 |
81 | 19.4 |
82 | 18.5 |
83 | 17.7 |
84 | 16.8 |
85 | 16.0 |
86 | 15.2 |
87 | 14.4 |
88 | 13.7 |
89 | 12.9 |
90 | 12.2 |
91 | 11.5 |
92 | 10.8 |
93 | 10.1 |
94 | 9.5 |
95 | 8.9 |
96 | 8.4 |
97 | 7.8 |
98 | 7.3 |
99 | 6.8 |
100 | 6.4 |
101 | 6.0 |
102 | 5.6 |
103 | 5.2 |
104 | 4.9 |
105 | 4.6 |
106 | 4.3 |
107 | 4.1 |
108 | 3.9 |
109 | 3.7 |
110 | 3.5 |
111 | 3.4 |
112 | 3.3 |
113 | 3.1 |
114 | 3.0 |
115 | 2.9 |
116 | 2.8 |
117 | 2.7 |
118 | 2.5 |
119 | 2.3 |
120 and over | 2.0 |