The law requires that you begin withdrawing money from your employer sponsored retirement account or traditional IRA by April 1 of the year following the year you turn 70½. Your age and your account balance will determine the amount you're required to withdraw.
Answer the following questions to find your minimum required distribution (MRD).
Please do not use commas in the figures.
Note: Married users whose sole primary beneficiary is a spouse more than 10 years younger must use the Joint Life Expectancy Table in IRS Publication 590, which will generally produce lower required distributions.
