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How do I take a Required Minimum Distribution (RMD) from my IRA?
Required Minimum Distributions (RMDs) are minimum amounts that traditional IRA, SEP IRA, SARSEP IRA and SIMPLE IRA account holders must begin taking a RMD starting with the year that he or she reaches 70 ½ years of age. The first RMD payment may be delayed until April 1st of the year following the year in which…