SimpleRMD is an easy-to-use RMD calculation and tracking tool designed for retirees, beneficiaries, financial professionals, and tax professionals who need a simple way to manage required minimum distributions. Understanding RMD rules can be confusing, especially with changes introduced by SECURE 2.0 and different requirements for inherited retirement accounts. SimpleRMD helps simplify the process by bringing calculations, account tracking, reporting, and educational resources together in one convenient platform.

The tool allows users to calculate their required minimum distribution in just a few minutes without creating an account or signing up for a subscription. Whether you are calculating your own RMD or helping a client or family member determine what needs to be withdrawn, SimpleRMD provides a straightforward way to get the information you need.

RMD Calculator

The core feature is the RMD Calculator, which helps users determine their required minimum distribution based on current rules. The calculator takes into consideration important SECURE 2.0 provisions, including the updated RMD starting ages of 73 and 75. This makes it easier for retirees to understand how much they may need to withdraw from qualifying retirement accounts each year.

The calculator is designed to be quick and accessible, allowing users to complete a calculation in approximately two minutes. There is no signup requirement, making it convenient for anyone who needs a quick RMD estimate.

Inherited IRA Support

Inherited retirement accounts can be particularly difficult to understand because distribution requirements can vary depending on when the account was inherited and the beneficiary's circumstances. SimpleRMD includes support for inherited IRAs and post-2019 beneficiary rules.

The platform helps users navigate requirements associated with the 10-year rule and annual distributions that may apply to certain inherited accounts. This can make the process easier for beneficiaries who are unsure about when and how much they need to distribute.

Multi-Account Tracking

For retirees with multiple IRAs or workplace retirement plans, keeping track of RMD obligations can become challenging. SimpleRMD provides multi-account tracking so users can organize their retirement accounts and monitor their required distributions in one place.

Having everything together can make it easier to keep track of distributions throughout the year and avoid overlooking an account when approaching the December 31 deadline.

CPA-Ready Reports

SimpleRMD also makes it easier to share retirement distribution information with tax professionals. Users can export clean reports containing their calculations and distribution history, giving CPAs and tax preparers useful information when preparing tax returns or reviewing retirement distributions.

Plain-English Guides

Beyond calculations, SimpleRMD provides educational resources that explain RMD rules in straightforward language. Its guides cover topics such as who must take an RMD, when distributions begin, how SECURE 2.0 affects retirement withdrawals, and how inherited retirement accounts differ from regular retirement accounts.

Overall, SimpleRMD is designed to make RMD management less confusing and more organized. With a free calculator, inherited IRA support, multi-account tracking, CPA-ready exports, and plain-English educational guides, it provides a practical resource for retirees, beneficiaries, and professionals who need help understanding and managing required minimum distributions.

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