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What is my required minimum distribution (RMD) for tax year 2011?

April 26, 2017distribution minimum rmd tax year

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What is my required minimum distribution (RMD) for tax year 2011?

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RMDs are generally minimum amounts that a retirement plan accountholder must withdraw annually starting in the year when age reaches 70 ½. To calculate your RMD, the December 31st 2010 year-end balance of the retirement plan account is needed along with consulting the Life Expectancy Tables provided in Publication 590 at www.irs.gov.