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What is the RMD Age Calculator?: Your Essential Guide to Retirement Distributions

According to the IRS, failing to take a Required Minimum Distribution (RMD) can result in a 25% excise tax on the amount not withdrawn. Understanding **what is the RMD age calculator** is crucial for anyone nearing retirement. This tool helps individuals determine the exact date they must begin taking distributions from their qualified retirement accounts, ensuring compliance and preventing costly penalties.