Roth IRA Required Minimum Distributions (RMDs)

At some point, all individual retirement accounts (IRAs) must have their balances distributed to the account owner or the owner’s beneficiaries. This includes both Roth and traditional, A key difference between the two types of IRAs is that you don’t have to take any distributions from a Roth IRA during your lifetime if you are the original owner.

Key Takeaways

  • You must begin taking required minimum distributions from your traditional IRA when you turn 72 or if you are 73 as of…

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