Asked by Michael  |  Submitted November 17, 2016

When do you advise taking RMD from our IRA's?

My birthday is 9/1/46 and my spouse's birthday is 6/25/47.

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  Answers  |  1

November 21, 2016

The law is that you must take RMD at age 70 1/2. You should get a statement from your broker, and based on 12-31 balances of the prior year, the amount you must withdraw.

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