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Retirement

IRA and 401k RMD Table For 2022

To calculate your 2022 required minimum distributions for your IRA or 401k, use the RMD table below and follow the steps.

How to calculate your RMD

  1. Find your age in the RMD table (Your age on your birthday this year).
  2. Find your corresponding Life Expectancy Factor.
  3. Get your account balance from last year - December 31, 2021.
  4. Divide the account balance from last year by your Life Expectancy Factor.
  5. This is your RMD for 2022.

Example

Let's say that in 2022, you turned 75 years old. And on December 31, 2021, your 401k account balance was $200,000.

Based on the RMD chart below, your Life Expectancy Factor is 24.6.

To find your RMD for 2022, you would simply divide $200,000 by 24.6

$200,000 ÷ 24.6 = $8,130.08

Your RMD would be $8,130.08

RMD Table for 2022: Find your life expectancy factor

The Percentage of Account Balance simply shows what portion of your account balance will be required to be withdrawn based on your life expectancy factor. You don't need to do anything with this number. It just gives you an idea of how large of a withdrawal your RMD will be in relation to your account balance.

Age Life Expectancy Factor Percentage of Account Balance
72 29.1 3.44%
73 26.5 3.78%
74 25.5 3.93%
75 24.6 4.07%
76 23.7 4.22%
77 22.9 4.37%
78 22 4.55%
79 21.1 4.74%
80 20.2 4.96%
81 19.4 5.16%
82 18.5 5.41%
83 17.7 5.65%
84 16.8 5.96%
85 16 6.25%
86 15.2 6.58%
87 14.4 6.95%
88 13.7 7.30%
89 12.9 7.76%
90 12.2 8.20%
91 11.5 8.70%
92 10.8 9.26%
93 10.1 9.91%
94 9.5 10.53%
95 8.9 11.24%
96 8.4 11.91%
97 7.8 12.83%
98 7.3 13.70%
99 6.8 14.71%
100 6.4 15.63%
101 6 16.67%
102 5.6 17.86%
103 5.2 19.24%
104 4.9 20.41%
105 4.6 21.74%
106 4.3 23.26%
107 4.1 24.40%
108 3.9 25.65%
109 3.7 27.03%
110 3.5 28.58%
111 3.4 29.42%
112 3.3 30.31%
113 3.1 32.26%
114 3 33.34%
115 2.9 34.49%
116 2.8 35.72%
117 2.7 37.04%
118 2.4 40.00%
119 2.3 43.48%
120+ 2 50.00%

Source

Important Note

The RMD table above is applicable for retirement account holders who:

  • Are not married and doing RMD calculations for their own account.
  • Are married but their spouses are NOT more than 10 years younger than them.
  • Are married but their spouses are NOT the sole beneficiaries of their account.

If you're married to someone who is at least 10 years younger than you, and they're the sole beneficiary of your account, then the IRS uses different life expectancy scores. Unfortunately, it's a lot more complicating in this case. Please refer to Table II in Appendix B of IRS Publication 590-B to calculate your RMD.

Which retirement accounts require minimum distributions?

All employer-sponsored retirement plans, and all IRAs, except the Roth IRA, have required minimum distributions.

  • 401k plans
  • Roth 401k plans
  • Solo 401k plans
  • Roth Solo 401k plans
  • 403b plans
  • 457b plans
  • Traditional IRA
  • SEP IRA
  • SARSEPs
  • SIMPLE IRA
  • Profit sharing plans

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