IRA Required Minimum Distribution (RMD) math is complex and serious. Owners of IRAs must take a distribution starting no later than the April 1 of the year following the year the owner becomes age 70 ½. This number will likely change with the new SECURE Act to age 72. You must take at least the RMD each year, or you are subject to a 50% (that is correct) penalty of difference between the RMD and what was withdrawn. The penalty is imposed on the aggregate of all IRAs owned. 


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