- SELF-DIRECTED IRA KNOWLEDGE CENTER
- REQUIRED MINIMUM DISTRIBUTIONS (RMDs)
- GENERAL RMD QUESTIONS
What Is a Required Minimum Distribution (RMD)?
A required minimum distribution (RMD) is the minimum amount that the IRS requires you to withdraw from your IRA each year. The exact amount will vary from year to year based on certain factors.
The Secure 2.0 Act raised the age at which IRA owners must begin taking RMDs to 73.
STRATA Trust Company will provide accountholders that meet the RMD age requirement with the calculated RMD by January 31st of each year. This amount can also be found under the Quick Summary section in your online portal: