Learn More » Fortunately, the RMD calculation process is fairly straightforward. There are only two steps you need to do: First, look up your account balance as of Dec. 31 of the previous year.

I’m over age 72. What can I do about avoiding the required minimum distribution (RMD) tax bite? I have a steady stream of other income. Tax-deferred accounts, such as 401(k)s and traditional ...