Legal Topics > Personal Finance >

Nolo's Plain-English Law Dictionary

Legal Dictionary Home

Need Professional Help? Talk to a Lawyer
Enter Your Zip Code to Connect with a Lawyer Serving Your Area
searchbox small
Required Minimum Distribution
Commonly called an RMD, the minimum amount that a person must take out of their Individual Retirement Account (IRA) starting at either age 70 and a half or the year of the person retires, whichever is later.


Need Legal Help?
Get Informed Check out our thousands of free articles on everyday legal topics--they're accurate, up to date, and written in plain English.
Do It Yourself With Nolo's easy-to-use books, legal forms, online services, and software, you can handle many routine legal tasks yourself.
Talk to a Lawyer Just enter your zip code to connect with a lawyer serving your area.
LA-WS5:0.9.22.120522.13848+