What is a Required Minimum Distribution (RMD)?

If you have an employer-sponsored retirement plan (including 401(k) and 403(b) plans) or a Traditional IRA, the IRS will require you to take a RMD. Age 70½ is the age at which investors must start receiving distributions from most tax-deferred retirement plans. These withdrawals are termed "required minimum distributions," or "RMDs." For more information about RMDs, click here.

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