Required minimum distributions

HOW IT WORKS & IMPORTANT INFORMATION: Inherited accounts: calculations use the IRS Single Life Expectancy Table (Publication 590-B, Appendix B, Table I, in effect since 2022) with the “subtract one” method, starting from the beneficiary’s age in the year after death. For accounts inherited after 2019, most individual beneficiaries who are not eligible designated beneficiaries must empty the account by December 31 of the tenth year after death; IRS final regulations issued July 2024 also require annual minimum withdrawals during that window when the original owner had already reached their required beginning date. Eligible designated beneficiaries — a surviving spouse, a minor child of the owner (until age 21), a disabled or chronically ill individual, or someone not more than ten years younger than the owner — may instead stretch withdrawals across life expectancy. Surviving spouses have additional options, including treating the account as their own, that this tool does not model; the figures shown for a spouse assume remaining a beneficiary. Estates, charities, and non-qualifying trusts follow separate five-year or owner-life-expectancy rules that this tool illustrates only approximately. Inherited Roth IRAs generally require no annual withdrawals within the ten-year window, and qualified distributions are tax-free. Beneficiary status, trust terms, and dates of death drive these outcomes and the rules are unforgiving — confirm your situation with a qualified tax professional before acting. Your own accounts: Calculations use the IRS Uniform Lifetime Table (Publication 590-B, Appendix B, Table III, in effect since 2022): your prior-year December 31 balance divided by the distribution period for the age you reach during the year. Required withdrawals begin at age 73 for those born 1951–1959 and age 75 for those born in 1960 or later under SECURE 2.0; those born in 1950 or earlier began at 72 (or 70½ under prior law). Your first distribution may be delayed to April 1 of the following year, though doing so requires two distributions in that year. Missing a required withdrawal generally triggers a 25% excise tax on the shortfall, reduced to 10% if corrected within two years. A different table applies if your spouse is your sole beneficiary and is more than ten years younger — the Joint and Last Survivor Table produces a meaningfully smaller required amount, and this tool does not apply it. Roth IRAs have no required distributions during the owner's lifetime; inherited accounts follow separate rules. Projections assume your entered constant return, withdrawals of exactly the minimum, and no additional contributions or withdrawals; actual results will vary and may be negative. Tax estimates are optional and, when enabled, calculate the additional federal tax the withdrawal itself creates — stacking it on the other income you enter and applying the 2026 brackets and standard deduction per IRS Rev. Proc. 2025-32, including the additional standard deduction for those 65 or older ($2,050 single / $1,650 per qualifying spouse) and the temporary senior deduction of $6,000 per qualifying person, which phases out above $75,000 of modified AGI ($150,000 joint) and is scheduled to expire after 2028. The model treats the withdrawal as ordinary income and stacks long-term capital gains and qualified dividends on top of it at the 2026 preferential rates (0%/15%/20%), applies the Social Security provisional-income formula to determine how much of your benefits become taxable, and applies the 3.8% net investment income tax where modified AGI exceeds $200,000 single / $250,000 joint — treating your entered gains and qualified dividends as the investment income subject to it, though interest and other investment income may also count. Estimates assume the standard deduction, exclude state and local taxes, itemized deductions, credits, capital-gains treatment, and Medicare premium surcharges (IRMAA), which are set from your income two years earlier and can jump at fixed thresholds — a cost this tool does not model but which is often material at these income levels. Each of these can change the result. Qualified charitable distributions require age 70½ or older, must transfer directly from the IRA custodian to a qualified charity, and are limited to $111,000 per person in 2026. This educational tool is not tax or investment advice; consult a qualified tax professional. Mountain View Wealth Management, LLC · 2611 S Clark St., Suite 600, Arlington, VA 22202 · (571) 368-6178. © 2026 Mountain View Wealth Management, LLC.