 Site Information Confused? It Makes Sense If You Start at the Home Page
Why We're Better Discounts for Financial Planners and Money Managers
How to Buy Software in General Questions About RMD Software? Call (800) 658-1824 or Send E-mail About Getting Investment Software Approved by Broker Dealers and FINRA Financial Plan Software Support About Portfolio Management Software About Using Monte Carlo with Investment Software Testimonials from Financial Planning Software Customers
Free Downloads and Money Tools Free Sample Comprehensive Financial Plan Free Downloads, Investing Tips, and Tutorials
Financial
Plan Module Demos The World's Best Free Retirement Calculator Other Free Retirement Calculators Our Free Financial Calculators |
AKA MDIB (Minimum Distribution Incidental Benefit Calculator), MRD (Minimum Required Distribution Calculator, RMD (Required Minimum Distribution Calculator), and IRS 72T Calculators Once you turn age 70 and a half, the IRS requires you to take withdrawals from your tax-qualified plans (IRA/SEP/401(k)/etc.), whether you want to or not. If the IRA is inherited, the IRS requires the beneficiary to make withdrawals, and pay taxes on them, annually. This is their way to make sure they recoup the taxes you saved all long the way. This simple money calculator will help you estimate these annual required withdrawal amounts, including an estimate of the annual taxes due. This is useful to know before it actually happens, in actually making the withdrawals, estimating future withdrawals, and for cash-flow/estate/and tax planning purposes. Most qualified plan custodians will do this for you, but only when it actually happens. Errors in their work do occur. This calculator can serve as a check on their work (so you won't get dinged penalties by the IRS for not taking enough out). There are just three input fields, and the calculator figures the withdrawal amounts. The MRD IRA Minimum Distribution Calculator is now part of the Time Value of Money Calculator. The retirement software has them too as a normal payout method. For downloads, right click on a link below, then choose "Save (Target) As..." to save to a folder on your hard drive. Then open it with Excel. Sometimes the WPP's server doesn't work well with weird browsers, or it just may not work if it's not configured right. Please send e-mail if you have any problems, and it will be sent to you. Answers to frequently asked demo questions, and instructions on how to use the demos. Download the Time Value of Money / Financial Tools demo. Download the RWR Retirement Software Demo The "Joint and Last Survivor Not More than 10 Years Younger" version was not made because it doesn't happen too often, and programming it would be hard, making it too expensive.
|
Product Information
Fully Integrated Financial Planning Software Menu of Retirement Planning Software
Building Custom Investment Benchmark Portfolios Coaching for Financial Planners Asset Allocation for 401(k) / 403(b) and Similar Retirement Plans |