Is there a certain time frame when the first required distribution from an IRA must be taken?
Answers | 1
Answered by Jeffrey Oberg, Financial And Insurance Advisor in Millbury, MA
December 01, 2015
Erin, your first RMD (required minimum distribution) from an IRA must take place by April 1 of the year following the calendar year in which you reach age 70½.. For each subsequent year, your RMD must be taken by December 31st.
Asked by Michael
Answered by Linda A. Stortz, CPA, EA in Seminole, FL
You must be asking if you can "make" an IRA contribution, rather than "take" an IR...
Asked by Tony