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For the well-being of our members and staff and to limit the spreading of COVID-19 (Coronavirus) in our community, TFCU and the Investment Center at TFCU will be temporarily closing all its branch lobbies beginning Monday, March 23 until Monday, April 13 --or further notice. To reach Sal Chavez, Financial Advisor, please call 915-926-2258 or email If we do not answer immediately, please leave a voicemail and we will get back to you as soon as possible.


If you are unable to reach the Investment Center at TFCU or if your matter is urgent, please call our Service Center at 866-884-2605 or email

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Required Minimum Distributions

How Much Money Are You Required to Withdraw this Year?

Many retirement plans require that you begin taking minimum distributions after you reach age 72.

Use this calculator to help estimate how much your Required Minimum Distribution (RMD) would be this year based on your age and the value of all your retirement accounts as of December 31 last year.

Based on the information you provided, the estimated required minimum distribution is shown below.

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Your Results
Description Amount
Your age this year: 0
Your current account(s) value as of last December 31: $0.00
Your life expectancy factor: 0
Your estimated required minimum distribution: $0.00

Required minimum distributions generally must begin no later than April 1 of the year following the year in which you turn 72. They must be taken by December 31 of each year thereafter.

This calculator uses the factors from the IRS's Uniform Lifetime Table. If your spouse is your sole beneficiary and is more than 10 years younger than you, an alternate calculation, which may result in lower RMD amounts, should be used.

This chart shows the portion of your account(s) that you would be required to withdraw this year based on the information you provided.

Required Minimum Distribution

This calculator is intended only to provide an estimate of your RMD. Your actual RMD may be affected by additional factors, including but not limited to the type of retirement plan and whether you are retired, that can affect your actual RMD.

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Check the background of this financial professional on FINRA's BrokerCheck