GENERAL RMD QUESTIONS
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      1. SELF-DIRECTED IRA KNOWLEDGE CENTER
      2. REQUIRED MINIMUM DISTRIBUTIONS (RMDs)
      3. 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. For 2023, the RMD age requirement goes up from 72 to 73, so individuals born in 1951 must receive their first required minimum distribution by April 1, 2025.

      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:

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