How does Choice by KT calculate my Required Minimum Distribution (RMD)?

The IRS requires that you take a distribution from your Traditional IRA after the age of 70½. The RMD must be taken by December 31 of that particular tax year UNLESS you turn 70½ during that year—in which case you have until April 1 of the following year. Choice by KT recommends you speak with a tax advisor for questions that are more specific about distributions and RMD requirements.