Calculating your inherited RMD
Gather this information before you get started:
- 1Which type of account you inherited – you can check a previous account statement for the person who passed away if you're unsure of the account type
- 2How you were named or listed on the account – there can be some differences in calculation depending on whether you are an individual beneficiaryor represent a trust or estate, as well as if you were a sole beneficiary or one of multiple beneficiaries
- 3The original account owner’s date of birth and date of death – these details determine how the inherited RMD is calculated
- 4The year-end balance for the account – you'll need to get this information from your financial institution
After you complete your calculation, you can save your results for your records. Vanguard does not save your information.
Note: The information on this page shouldn't be used for tax-reporting purposes. Refer to your tax forms when filing tax returns.
Vanguard does not provide legal or tax advice. This information is general and educational in nature and should not be considered legal or tax advice. Any tax-related information discussed on this page is based on tax laws, regulations, or other guidance that are complex and subject to change. Additional tax rules not discussed here may be applicable to your situation. We recommend that you consult a qualified tax advisor or legal advisor about your individual situation. To discuss IRAs, call Vanguard at 877-662-7447, Monday through Friday from 8 a.m. to 8 p.m., Eastern time.