At age 75, the life expectancy factor is 24.6 and the RMD amounts to 4.07% of the IRA. At age 80, 4.95% of the IRA should be distributed as RMD. At age 85, the RMD is 6.25% of the IRA. After you turn 72, federal tax law generally requires you to withdraw a minimum amount from your retirement savings plans each year.
These withdrawals are called mandatory minimum distributions (RMDs).
