The minimum amount that IRA holders and participants must withdraw by April 1 of the year following the year they reach age 70 ½. RMDs must then be taken each following year. Roth IRAs are exempt from this rule.
The minimum amount that IRA holders and participants must withdraw by April 1 of the year following the year they reach age 70 ½. RMDs must then be taken each following year. Roth IRAs are exempt from this rule.