The Required Minimum Distribution percentage chart is a table that is used to calculate the minimum amount to take out of an IRA to avoid costly penalties from the IRS, according to Forbes. The charts contain two columns, one for the age of the IRA holder and the divisor needed for the calculation.
There are two types of RMD percentage charts that cover the majority of scenarios, according to Forbes. One is for the IRA holder, and one is for the IRA inheritor (someone other than the holder's spouse). The divisor needs to be divided into the IRA total amount to know what the required minimum distribution would be at that age.