So, let’s say you just turned 78. If your IRA balance was $100,000, your RMD for the year would be $4,545.45.

For an example of how that works, here’s a link to the IRS Uniform Lifetime Table. Third, calculate your RMD with your life expectancy factor. Let’s say you’re 73 years old.

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So if you are age 78 and you have an IRA balance of $100,000, your RMD for the year would be $4,545.45 (which is calculated by dividing your balance by distribution period years in the table above).

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