Ira Withdrawal Rules
April 7th, 2007
Question: IRA Withdrawal rules?
is there rule that your IRA must be completly drawn down with in so many years.after you start drawing Like 10 year??
Answer: There are “Required Minimum Distribution Rules” that state the percentage of your Traditional IRA, SEP, 403(b), 457,or 401(k) that you must withdraw. The age starts at 70.5 and the percentage gradually increases as you age. The purpose is to use the IRA prior to death.
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