# RequiredMinimumDistribution

The required minimum distribution (RMD). Will be unset if the account is not required to make a distribution during the tax year. Distributions are only required for some account registrations and when the account owner reaches a certain age.

## Example Usage

```typescript
import { RequiredMinimumDistribution } from "@apexfintechsolutions/ascend-sdk/models/components";

let value: RequiredMinimumDistribution = {};
```

## Fields

| Field                                                                                                                                                                                                                                                                                                                       | Type                                                                                                                                                                                                                                                                                                                        | Required                                                                                                                                                                                                                                                                                                                    | Description                                                                                                                                                                                                                                                                                                                 | Example                                                                                                                                                                                                                                                                                                                     |
| --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| `amount`                                                                                                                                                                                                                                                                                                                    | [components.DistributionSummaryAmount](../../models/components/distributionsummaryamount.md)                                                                                                                                                                                                                                | :heavy_minus_sign:                                                                                                                                                                                                                                                                                                          | The required annual distribution amount in USD. This value is calculated as `prior_year_end_account_balance / life_expectancy_factor`.                                                                                                                                                                                      | {<br/>"value": "6097.56"<br/>}                                                                                                                                                                                                                                                                                              |
| `lifeExpectancyFactor`                                                                                                                                                                                                                                                                                                      | [components.LifeExpectancyFactor](../../models/components/lifeexpectancyfactor.md)                                                                                                                                                                                                                                          | :heavy_minus_sign:                                                                                                                                                                                                                                                                                                          | The life expectancy factor in years based on the account owner(s) age(s). This value is used to calculate the RMD amount. Sourced from IRS Publication 590-B.                                                                                                                                                               | {<br/>"value": "16.4"<br/>}                                                                                                                                                                                                                                                                                                 |
| `priorYearEndAccountBalance`                                                                                                                                                                                                                                                                                                | [components.PriorYearEndAccountBalance](../../models/components/prioryearendaccountbalance.md)                                                                                                                                                                                                                              | :heavy_minus_sign:                                                                                                                                                                                                                                                                                                          | The account balance at the end of the prior year in USD. This value is used to calculate the RMD amount.                                                                                                                                                                                                                    | {<br/>"value": "100000.00"<br/>}                                                                                                                                                                                                                                                                                            |
| `remainingDistributionRequired`                                                                                                                                                                                                                                                                                             | [components.RemainingDistributionRequired](../../models/components/remainingdistributionrequired.md)                                                                                                                                                                                                                        | :heavy_minus_sign:                                                                                                                                                                                                                                                                                                          | The remaining amount required to be distributed for the tax year. Calculated as the difference between the RMD for the account and its regular distribution total to date. This will return zero if the account is not required to make a distribution during the tax year or has already met its distribution requirement. | {<br/>"value": "5641.56"<br/>}                                                                                                                                                                                                                                                                                              |