How Much Is the Required Minimum Distribution (RMD) if You Have $100,000 in Your Retirement Account?

Motley Fool12-15

Investors using certain types of tax-advantaged investment accounts must begin withdrawing a mandated percentage of their balances from them once they reach the age of 73. If you don't take ...

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow Much Is the Required Minimum Distribution (RMD) if You Have $100,000 in Your Retirement Account?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-15 19:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/retirement/2024/12/15/how-much-is-the-required-minimum-distribution-rmd/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors using certain types of tax-advantaged investment accounts must begin withdrawing a mandated percentage of their balances from them once they reach the age of 73.\n\n\n\n\n\n\n\nIf you don't take ...</p>\n\n<a href=\"https://www.fool.com/retirement/2024/12/15/how-much-is-the-required-minimum-distribution-rmd/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://www.fool.com/retirement/2024/12/15/how-much-is-the-required-minimum-distribution-rmd/","article_id":"2491552715","we_media_id":null,"thumbnails":["https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F800619%2Fretirement-income-social-security-personal-savings.jpg&op=resize&w=165&h=104"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2491552715","pubTimestamp":1734261360,"columns":[],"sourceInfo":{"source_id":"fool_stock","name":"Motley Fool"},"weMediaInfo":null,"summary":"Investors using certain types of tax-advantaged investment accounts must begin withdrawing a mandated percentage of their balances from them once they reach the age of 73.If you don't take your required minimum distribution by the end of the year, the IRS will penalize you.The amount you must withdraw each year is based on the amount you have saved and your age.First, you'll need to know what your account balance was at the end of the previous year . Your brokerage should make this figure easily accessible. Divide that number by your life expectancy factor -- a figure the IRS sets based on your age. The result will be your RMD.So, what would your RMD be if you had $100,000 in your account at the end of last year and are currently 75?In that case, your RMD would be $100,000 divided by 24.6 , which comes out to $4,066.","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4585":"ETF&股票定投概念","LU2008162690.USD":"FIDELITY FUNDS - ASIA PACIFIC OPPORTUNITIES \"A\" (USD) ACC","BK4504":"桥水持仓","BK4588":"碎股","LU2177674079.SGD":"Fidelity Asia Pacific Opportunities A-ACC-SGD (hedged)","BK4082":"医疗保健设备","BK4548":"巴美列捷福持仓","RMD":"瑞思迈","BK4567":"ESG概念"},"translate_title":"如果您的退休账户中有100,000美元，所需的最低分配(RMD)是多少？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RMD":1},"content_text":"Investors using certain types of tax-advantaged investment accounts must begin withdrawing a mandated percentage of their balances from them once they reach the age of 73.\n\n\n\n\n\n\n\nIf you don't take your required minimum distribution by the end of the year, the IRS will penalize you.\n\n\n\n\n\n\n\nThe amount you must withdraw each year is based on the amount you have saved and your age.\n\nWhile Social Security remains a large part of the majority of Americans' retirement incomes, most also rely heavily on personal savings. Tools like traditional IRAs and employer-sponsored plans like 401(k)s are powerful tools to help people build their nest eggs over a lifetime, as they allow you to invest money pre-tax.The tax man never forgetsHere's the thing: Just because you don't have to pay taxes on those invested dollars in the year that they go into your retirement accounts doesn't mean the IRS is letting you off the hook. Instead, you're delaying that tax bill until later in life, when you withdraw the money. Not only does this allow you to front-load your saving and make the most of the power of compound growth, but most people's top marginal tax rates in retirement will be lower than their tax rates while they are working.Importantly, the government has regulations to ensure that it eventually does get its cut: You must begin withdrawing money from these accounts no later than the year you turn 73. The percentage of your balance that you have to take is the required minimum distribution (RMD), and if you'd like to avoid paying penalties, you'll need to know the rules. For the current tax year, most individuals must take RMDs by Dec. 31, 2024.Your RMD changes every year -- here's how you calculate itHow can you determine how much you'll have to take out? First, you'll need to know what your account balance was at the end of the previous year (in this case, 2023). Your brokerage should make this figure easily accessible. Divide that number by your life expectancy factor -- a figure the IRS sets based on your age. The result will be your RMD.So, what would your RMD be if you had $100,000 in your account at the end of last year and are currently 75? In that case, your RMD would be $100,000 divided by 24.6 (the life expectancy factor for that age), which comes out to $4,066.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2491552715"}