Individual Retirement Accounts - Required Minimum Distributions (RMDs)
This handout reviews the rules for required minimum distributions from IRAs and defined contribution plans.
When to take the first RMD.
When age 70 1/2 is reached for RMD purposes.
How to calculate the RMD.
Multiple retirement accounts.
Distributions less than RMD amount.
CLIENTS WHO MAY BENEFIT:
Taxpayers approaching age 70 1/2 with retirement accounts.