Traditional IRAs but not Roth IRAs are subject to a minimum distribution requirement when the owner reaches age 70½.

Name: Traditional IRAs but not Roth IRAs are subject to a minimum distribution requirement when the owner reaches age 70½.
Brand: Quizplus
Rating: 4.9 (55 reviews)

Question

Quizplus · Accepted Answer

Traditional IRAs are subject to a minimum distribution requirement, also known as Required Minimum Distributions (RMDs), when the owner reaches age 70½. Roth IRAs, on the other hand, are not subject to RMDs during the owner's lifetime.

Traditional IRAs but Not Roth IRAs Are Subject to a Minimum