The minimum amount that an IRA account holder must withdraw each year. Generally, these distributions are required starting at age 70 1/2. Note: ROTH IRA’s do not require these withdrawals until after the death of the owner.
Filed under Investment Strategy, IRAs
Related terms
- Self-Directed IRA2023
- Self-Dealing2023
- Roth IRA2023
- Real Estate IRA2023
- Prohibited Transaction2023
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