RETIREMENT CALCULATORS - Beneficiary IRA Distribution Calculator
This calculator helps you assist an IRA beneficiary in calculating the amount he/she is required to withdraw each year from the inherited IRA.

Note: Beneficiary IRA distributions must generally begin in the year following the year of the IRA owner’s death. If the IRA owner dies after his/her required beginning date (i.e. April 1 following the year he/she attained age 70½), the beneficiary must take the IRA owner's required minimum distribution for the calendar year if it was not withdrawn prior to the IRA owner's death. This Beneficiary IRA Distribution Calculator should not be used to determine the RMD after the death of the original beneficiary.

After entering the requested information, click on the "Create Report" button at the bottom of the page to prepare a client approved illustration. Keep a copy of the report in your client's file for future reference.

Date of Calculation 4/18/2014
Financial Advisor Name  
Title  
Ira Information
Deceased IRA owner’s name  
Beneficiary IRA account number (optional)  
Deceased IRA owner's date of birth  
Deceased IRA owner's date of death  
Account balance as of 12/31 of preceding year  
Beneficiary Information
Beneficiary's name  
Beneficiary's date of birth  
Beneficiary type


Is this beneficiary the sole primary beneficiary of the IRA?
  If no, please complete the following three questions:  
Are the other beneficiaries individuals?
Have separate accounts been established for each
beneficiary by December 31 of the year after the IRA
owner's death and by the date of the distribution?
  If yes, use the date of birth of the particular beneficiary and only that beneficiary's portion
  of the IRA in the Account Balance question above.
  If no, answer the question below.
What is the date of birth of the oldest beneficiary?  
Click the "Calculate" button for the results