iPhone Screenshots

Description

This calculator can be used to determine your Required Minimum Distribution (RMD) from a traditional 401(k) or IRA. In general, you must begin withdrawing money by April 1st of the year following the year that you turn 70½.

In general, your age and account value determine the amount you must withdraw. Note that taxes may be due on distributions from a traditional IRA or 401(k).

Do not include balances from a Roth IRA or Roth 401(k) when using this calculator. This calculator is not designed to work for beneficiary (inherited) IRAs. That capability may be added in a forthcoming update.

What's New

Version 1.3

- Fixed an issue with allowing the calculation to proceed for users who are 70 1/2.

Ratings and Reviews

3.2 out of 5

6 Ratings

6 Ratings

Excellent and accurate

Studio57

I tested this app against the Finra and Fidelity and they all agree. Simple and easy to use.

Garbage

JP1783

App is simply wrong. See other review. App comes from an investment management company. Would you use them?

Gives wrong information

C O P

Claims that I have to take an RMD for the year that I turn 70. Not true.

Information

Seller
Symons Software Solutions LLC
Size
6.6 MB
Category
Finance
Compatibility
Requires iOS 10.1 or later. Compatible with iPhone, iPad, and iPod touch.
Languages
English
Age Rating
Rated 4+
Copyright
© 2017 Armbruster Capital Management, Inc.
Price
Free

Supports

  • Family Sharing

    With Family Sharing set up, up to six family members can use this app.

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