What percentage of my IRA do I have to take out after 701/2?

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What percentage of my IRA do I have to take out after 701/2?

See this IRS FAQ on RMDs….

http://www.irs.gov/Retirement-Plans/Retirement-Plans-FAQs-regarding-Required-Minimum-Distributions

Here is a worksheet to calculate the RMD

https://www.irs.gov/pub/irs-tege/uniform_rmd_wksht.pdf

IRS Publication 590B on IRA Distributions

https://www.irs.gov/pub/irs-pdf/p590b.pdf

What percentage of my IRA do I have to take out after 701/2?

If you are turning 70 1/2 this year 2020, the percentage is zero.

The triggering age is now 72.

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