Understanding Required Minimum Distributions (RMDs)

By Barber Financial Group

December 12, 2018

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When you reach age 72, 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 72.

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The views expressed represent the opinion of Barber Financial Group an SEC Registered Investment Advisor. Information provided is for illustrative purposes only and does not constitute investment, tax, or legal advice. Barber Financial Group does not accept any liability for the use of the information discussed. Consult with a qualified financial, legal, or tax professional prior to taking any action.


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