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Level 1

If u r still working after 70.5, do u still have to take the RMD from a traditional retirement account?

 
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Level 20

If u r still working after 70.5, do u still have to take the RMD from a traditional retirement account?

Yes. Your first RMD must be taken by April 1 of the year after you turn 70½. Subsequent RMDs must be taken by December 31 of each year. If you don't take your RMD, you'll have to pay a penalty of 50% of the RMD amount.