at what age do you need to take money out of ira
Retirement Plan and IRA Required Minimum Distributions FAQs. Your required minimum distribution is the minimum amount you must withdraw from your account each year. You generally have to start taking withdrawals from your IRA, SEP IRA, SIMPLE IRA, or retirement plan account when you reach age 70Â½. Roth IRAs do not require withdrawals until after the death of the owner. 1  You can withdraw more than the minimum required amount.