Here’s the statement from a calculator website:
“Important: The required minimum distribution calculator was designed to help investors determine their required minimum distribution amounts based on IRS requirements. While it is a helpful tool, you should understand its limitations. This tool assumes that distributions will be made at the beginning of each year. If end of year distributions were assumed the results could be higher.”
(Message appears only after you input numbers / age and ask it to calculate your RMD.)Here’s the calculato
r: https://tools.finra.org/rmd/Does it matter
if one takes their distribution early in a year rather than later in the year? I wouldn’t think so since the base amount on which RMD is calculated stays the same (whatever your Traditional IRA totaled at the end of the prior year).