Required minimum distribution (RMD)
The minimum amount that the IRS requires must be withdrawn each year from all tax-advantaged retirement plans starting in the calendar year following the year in which the plan holder reaches age 70-1/2. Roth IRAs are exempt from this rule.
Nearby TermsRepurchase agreement Repurchase of stock Required minimum distribution (RMD) Required Rate of Return (RRR) Required reserves
Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University