Required Minimum Distribution (RMD) Spreadsheet Calculators Based on the SECURE Act of 2022
Tom M. Arnold, John H. Earl, Cassandra Dawn Marshall · The journal of wealth management · 2024
The Setting Every Community Up for Retirement Enhancement Act (SECURE Act) of 2022 made a second round of changes (relative to the SECURE Act of 2019) to the required minimum distribution (RMD) schedule for individual retirement accounts (IRAs) and defined contribution retirement plans. Excel spreadsheet calculators are developed to calculate the new annual RMD cash flows throughout retirement for those who are retired and for those who are planning to retire. The spreadsheet calculators also allow savings to accrue with interest if the RMD is in excess of expected annual costs.