When Do I reach Age 70 ½ for RMD Purposes?
Definition You reach age 70 1/2 ( 70.5) 6-months after the 70th anniversary of your date-of-birth. The significance of age 70 1/2 The significance of
February 28, 2023
What is the required beginning date?
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What is the required beginning date?
What is the required beginning date?
The required beginning date (RBD) is the deadline by which an individual must take his or her first required minimum distribution (RMD) from his or her retirement account. Generally, the RBD is April 1 of the year that the retirement account owner reaches age 70 1/2. But exceptions may apply to qualified plans, 403(b) accounts and 457(b) plans. Click here for more details
