Account guide
9 Retirement Account Types: Which Require an RMD?
Not every retirement account works the same way. This guide explains each account type — what it is, who typically has one, why you might have one, and whether the IRS requires minimum withdrawals.
Quick reference
| Account type | RMD required? |
|---|---|
| Traditional IRA | Yes |
| 401(k) | Yes |
| 403(b) | Yes |
| 457(b) | Yes |
| SEP IRA | Yes |
| SIMPLE IRA | Yes |
| Roth IRA | No (owner) |
| Roth 401(k) | No (owner) |
| Inherited IRA | Yes |
7 accounts that require RMDs
If you own one of these, you must withdraw a minimum amount each year after reaching age 73 or 75.
- 1
Traditional IRA
The most common personal retirement account. Contributions are often tax-deductible; withdrawals in retirement are taxed as ordinary income.
Learn more → - 2
401(k) Plan
The standard employer retirement plan at most U.S. companies. Pre-tax contributions lower your paycheck today; RMDs apply in retirement.
Learn more → - 3
403(b) Plan
The nonprofit and public-sector cousin of the 401(k). Common among teachers, nurses, and charity employees.
Learn more → - 4
457(b) Plan
Government and public-sector deferred comp plan. Often paired with a pension; still subject to RMDs in retirement.
Learn more → - 5
SEP IRA
Popular small-business retirement plan. Employer-funded; RMD rules match Traditional IRAs.
Learn more → - 6
SIMPLE IRA
Small-business plan with required employer contributions. RMD rules align with Traditional IRAs.
Learn more → - 7
Inherited IRA
Not an account you open — one you inherit. SECURE Act rules determine how fast you must withdraw.
Learn more →
2 accounts with no lifetime RMD (for the owner)
These accounts offer relief from annual withdrawal requirements — but inherited accounts may still have rules.
Not sure which account you have?
Check your most recent statement — the account type is usually listed at the top. Most people with a workplace plan have a 401(k) or 403(b); personal accounts are often Traditional or Roth IRAs.
Calculate your withdrawal →