Minimum Distribution During Life
This calculator is designed to determine the minimum distribution for an owner of a retirement plan during life. The calculator will determine the appropriate life expectancy factor, including for a spouse who is more than ten years younger than the owner of the retirement plan.
Year for minimum distribution calculation
Date of birth of participant
Is Spouse the only beneficiary? (Yes / No)
Date of birth of spouse (N/A if answer above is No)
Plan balance at the end of last year
This value is determined from December 31st of the year prior to the year for the minimum distribution.
For example, if you are calculating the minimum distribution for the year 2020, then the balance should be as of December 31st, 2019.
Life expectancy factor
1) Minimum distributions are required for the year in which a
participant turns 70 1/2 and years beyond age 70 1/2.
2) The uniform table is used for distributions during life unless the
spouse is the sole beneficiary and is more than 10 years younger.