SEPP Distribution Calculator

When planning your SEPP Distribution Plan, use this calculator to find the amount you can withdraw annually from your retirement account(s). You will use either the Minimum Distribution Method, Amortization Method or the Annuitization Method1 in your SEPP Distribution Plan. See IRS Notice 2022-6 for the latest guidance.

INSTRUCTIONS: In the top section of the form, enter the balance in all retirement accounts you plan to include in your SEPP Distribution Plan. Then enter the Interest Rate you expect to use, and the distribution factor based on your current age from the life expectancy table you selected (e.g. single, joint or uniform). The life expectancy tables have been revised in 2022 and can be found here.

Check our calculations against other online calculators here.

1Note: The Annuitization Method requires additional programming and is not calculated in this version of the SEPP Calculator. The Annuitization Method usually produces a result close to but slightly smaller than the Amortization Method. If you want to calculate your distribution under the Annuitization Method, try one or more of the online calculators using the link above. If you desire this feature to be added to a future version of the SEPP Distribution Calculator, please submit a request using the Suggestions form.