When you are the beneficiary of a retirement plan, specific IRS rules regulate the minimum withdrawals you must take. If you want to simply take your inherited money right now and pay taxes, you can. But if you want to defer taxes as long as possible, there are certain distribution requirements with which you must comply. Use this calculator to determine your Required Minimum Distributions (RMD) as a beneficiary of a retirement account.
Disclaimer Calculators provided by www.dinkytown.netInformation and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We can not and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Tilson Financial Group, Inc.
98 Floral Ave, Suite 103
New Providence, NJ 07974
Phone: (908) 561-6203
Fax: (908) 462-6040
Securities offered through American Portfolios Financial Services, Inc. Member FINRA, SIPC.
Investment advisory services offered through Tilson Financial Group, Inc. a SEC Registered Investment Advisor.
Tilson Financial Group, Inc. is independent of American Portfolios Financial Services, Inc.