The Setting Every Community Up for Retirement Enhancement Act (SECURE Act) of 2019 made significant changes to the required minimum distribution (RMD) schedule for individual retirement accounts (IRAs) and defined contribution retirement plans. Excel spreadsheet calculators are developed to calculate annual RMD cash flows throughout retirement for those who are retired and for those who are planning to retire. Unlike internet calculators, the spreadsheet calculators allow savings to earn monthly interest throughout retirement. Further, the calculators are easy to use and allow individuals to forecast long horizon RMD distributions for subsequent tax or reinvestment planning purposes.
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Arnold, Tom, C., John H. Earl, Jr., and Cassandra D. Marshall. "Required Minimum Distribution (RMD) Spreadsheet Calculators Based on the SECURE Act of 2019," University of Richmond Robins School of Business, (2022): 1-9.
Click below to download supplemental content.RMD-CALCULATOR.xlsx (24 kB)