Investments

Understanding Required Minimum Distributions (RMDs)

By Barber Financial Group

December 12, 2018

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When you reach age 70 ½, you must begin to draw funds from your traditional (i.e., non-Roth) Individual Retirement Accounts (IRAs). In general, these required minimum distributions (RMDs) must begin by April 1, of the year following the year you reached age 70 ½.

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