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Glossary > R > "Required Minimum Distribution - RMD" Definition

Required Minimum Distribution - RMD

The periodic withdrawals from an IRA. Traditional, SEP, SIMPLE IRA owners and (some) qualified plan participants must begin withdrawals from their retirement accounts by the first of April, following the year they reach age of 70 1/2.

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Required Minimum Distribution - RMD - The periodic withdrawals from an IRA. Traditional, SEP, SIMPLE IRA owners and (some) qualified plan participants must begin withdrawals from their retirement accounts by the first of April, following the year they reach age of 70 1/2.

Required Minimum Distribution - RMD : the periodic withdrawals from an ira. traditional, sep, simple ira owners and (some) qualified plan participants must begin withdrawals from their retirement accounts by the first of april, following the year they reach age of 70 1/2.