Required Minimum Distribution. The minimum annual required distribution amount for an IRA holder who reaches age 70 1/2. also called minimum distribution.

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There was a RMD and that had to be lived up to and it was really interesting for me to figure out.

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If the cash flow isn't needed from your IRAs, its a good idea for tax planning to use the annualized income method of installments and take your RMD at the end of the year.

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Investors in Individual Retirement Arrangements (IRAs) that reach the age of 70.5 must take a certain amount in withdrawals, calculated by formula, or face an IRS penalty. (Not all types of IRAs are subject to RMDs).

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