Barbra Savina

2024 Rmd Calculator Table 10 12. An rmd is the minimum amount of money you must withdraw annually from your qualified retirement plans after reaching age 72. The tsp calculates the tsp rmd according to a tsp participant’s age, the tsp participant’s traditional tsp account balance at the end of the previous calendar year, and a life expectancy factor obtained from the irs’ uniform lifetime table.

The calculator then provides accurate distribution figures tailored to your specifics, streamlining your process. Secure 2.0 did not change how the rmd is calculated;