Florida RMD
Estimate required minimum distributions from a retirement account in Florida.
About Florida RMD
RMD = prior-year balance ÷ a life-expectancy factor. This uses an approximate factor; the IRS publishes the Uniform Lifetime Table, and your start age depends on your birth year (this tool uses 73).
Formula
RMD
RMD = balance ÷ factor
Worked example
With the default values below, Florida RMD returns Estimated RMD of $1,539.65. Change any input above and every figure here is recalculated in your browser.
Inputs used
- Balance Dec 31minimum 0
- 600,000
- Your ageaccepts 0–95
- 73
Results
- Estimated RMD
- $1,539.65
- Approx Factor
- 390
- Percent Drawn
- 0.26%
Step by step
- 1Values used
- 2RMD
- 3Estimated RMD= 1,539.65
- 4Approx Factor= 390
- 5Percent Drawn= 0.26
Assumptions and limits
- The result is derived only from the 2 inputs listed above. Anything not among them is not part of the calculation.
- In particular, this calculator does not take inflation, tax, fees or charges or compounding frequency into account.
- Figures are rounded for display to 2 decimal places, so totals built from several rounded parts can differ slightly from the unrounded arithmetic.
- Approximate — use the official IRS table.
- This is an estimate for general information and not professional financial, tax or legal advice. See the full disclaimer for the limits that apply to this kind of calculator.
How these calculators are built and tested is described on the Methodology page. If a figure looks wrong, please report it.
Florida rules are not built in
Florida-specific rules are not built into this calculator. It uses the same general calculation as Federal RMD. Check current figures with Florida’s official source before relying on the result.
Tax year: not verified · Source: none built in
Approximate — use the official IRS table.
Frequently Asked Questions
When do RMDs start?
For most people born after 1960 it is age 73, rising to 75 for later cohorts.
How accurate is this estimate?
Rates are approximate reference values. Local rates, exemptions and rules can differ, so treat the output as a planning figure only.