Living in retirement

Taking your required minimum distribution (RMD)


Make it automatic

Vanguard offers a free RMD service. Tell us when to process the withdrawal and where to take the money from and we'll handle your RMD each year automatically!

You can also check the status of your RMD.

Sign up for RMD services or check the status of your RMD


Confused about RMDs? We can help!

Traditional IRAs and employer plans like a 401(k) allow you to put off paying federal taxes, often for decades. Generally, your required minimum distribution (RMD) for a given year must be withdrawn by December 31 of that year, either in a lump sum or in installments. However, if you're taking an RMD for the first time, you may delay withdrawing the RMD until April 1 of the year after the year you turn age 72* (or, in some cases, until after the year you retire).

*The age at which you must begin taking RMDs differs depending when you were born:

  • If you were age 70½ before January 1, 2020 (i.e., you were born before July 1, 1949), you were required to begin taking RMDs for each year beginning with the year you turned age 70½.
  • If you were not age 70½ before January 1, 2020 (i.e., you were born after June 30, 1949), you must begin taking RMDs for each year beginning with the year you reach age 72. 

If you feel unsure about how to navigate RMDs, answer some basic questions and we'll walk you through what to do.

RMD look a little different? Here’s why.

If this isn't your first year taking a required minimum distribution (RMD), you may have noticed it's a bit smaller than last year. That's because the IRS released new life expectancy tables for 2022, which impacted your RMD calculation. A lower RMD means you may have a larger account balance for future years and your 2022 taxable income will most likely be reduced.

See the new life expectancy tables

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Ready to take your RMD? Simply log in to request a withdrawal.