A Baby Boomer Retirement Quiz You Can’t Afford To Fail
What age must you begin accepting IRA distributions to avoid a tax penalty?
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To avoid IRS penalties you must begin taking a minimum distribution from your retirement accounts annually starting when you turn 70½.
Eva Marie Uzcategui / AFP via Getty Images
Eva Marie Uzcategui / AFP via Getty Images
What age must you begin accepting IRA distributions to avoid a tax penalty?
- 70
- 65
- 70.5
- 69.5
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