Does RMD Apply To Roth IRA?

  1. 21750 POINTS
    Jim Winkler
    CEO/Owner, Winkler Financial Group, Houston, Texas
    That is an excellent question! One of the great reasons why people should invest in a Roth IRA is that the required minimum distribution rules do not apply to them. In fact, you never have to take a withdrawal from them at all, should you choose not to. Your beneficiaries would be required to take their tax free payouts from the account you pass on to them. A normal IRA is required to start payments at 70 1/2, but Roth's do not. I hope that helps, thanks for asking!
    Answered on June 18, 2014
    flag this answer
    2. Did you find these answers helpful?
    Yes
    No
    Go!

Add Your Answer To This Question

You must be logged in to add your answer.


<< Previous Question
Questions Home
Next Question >>