The date at which an individual who has a retirement savings plan must take out their first minimum required distribution from their savings. RBD is dependent on the type of retirement savings plan, such as an IRA or 401(K). In the case of an IRA, participants are required to take it out on April 1st of the following year when they turn 70.5 years.
Related information about required beginning date (RBD):
- Required Beginning Date (RBD) Definition | Investopedia
The date by which a qualified plan participant or IRA owner must begin receiving required minimum distributions from his or her retirement account.
- Required beginning date (RBD) | Retirement Dictionary
Mar 22, 2009 ... For IRAs, the required beginning date (RBD) is April 1 of the year following the year the individual reaches age 70 ½. For qualified plans ...
- Required Beginning Date - Financial Dictionary - The Free Dictionary
Required beginning date (RBD). Your required beginning date is the date by which you must take your first minimum required distribution from retirement ...
- What is required beginning date (RBD)? definition and meaning
Definition of required beginning date (RBD): The date at which an individual who has a retirement savings plan must take out their first minimum required ...
- Required Beginning Date (RBD) - McKay Hochman Company, Inc.
Mar 25, 2011 ... The required beginning date (RBD) is the IRS term for the deadline to begin receiving the first required minimum distribution. The date is ...
- Required Beginning Date - McKay Hochman Company, Inc.
What is the required beginning date (RBD) for required minimum distributions ( RMDs)? The answer to this question was actually quite clear before the Small ...
- RBD - Required Beginning Date (qualified retirement plans)
RMD facts The Required Beginning Date (RBD) is April 1 of the year after the taxpayer attains age 70. Penalty free: steps to help your senior clients avoid RMD ...
- Vanguard - inherited IRA RMDs - nonspouse as beneficiary ...
This is known as the required beginning date (RBD). IRA beneficiaries also are required to take minimum distributions from their inherited IRAs. Although the ...