RT Journal Article
SR Electronic
T1 Required Minimum Distribution Spreadsheet Calculators Based on the SECURE Act of 2019
JF The Journal of Wealth Management
FD Institutional Investor Journals
SP jwm.2022.1.177
DO 10.3905/jwm.2022.1.177
A1 Tom Arnold
A1 John H. Earl, Jr.
A1 Cassandra D. Marshall
YR 2022
UL https://pm-research.com/content/early/2022/07/22/jwm.2022.1.177.abstract
AB The Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019 made significant changes to the required minimum distribution (RMD) schedule for individual retirement accounts and defined contribution retirement plans. Microsoft Excel spreadsheet calculators are developed to calculate annual RMD cash flows throughout retirement for those who are retired and for those who are planning to retire. Unlike internet calculators, the spreadsheet calculators allow savings to earn monthly interest throughout retirement. Further, the calculators are easy to use and allow individuals to forecast long horizon RMD distributions for subsequent tax or reinvestment planning purposes.