topic I am a retired teacher, and receive a monthly payment. I cannot take money out of it. If I die my daughter gets nothing . I don't get this rmd stuff. in Retirement tax questions https://ttlc.intuit.com/community/retirement/discussion/i-am-a-retired-teacher-and-receive-a-monthly-payment-i-cannot-take-money-out-of-it-if-i-die-my/01/702033#M67127 I don' understand this rmd stuff. Thu, 06 Jun 2019 13:26:29 GMT zbeqc39- 2019-06-06T13:26:29Z I am a retired teacher, and receive a monthly payment. I cannot take money out of it. If I die my daughter gets nothing . I don't get this rmd stuff. https://ttlc.intuit.com/community/retirement/discussion/i-am-a-retired-teacher-and-receive-a-monthly-payment-i-cannot-take-money-out-of-it-if-i-die-my/01/702033#M67127 I don' understand this rmd stuff. Thu, 06 Jun 2019 13:26:29 GMT https://ttlc.intuit.com/community/retirement/discussion/i-am-a-retired-teacher-and-receive-a-monthly-payment-i-cannot-take-money-out-of-it-if-i-die-my/01/702033#M67127 zbeqc39- 2019-06-06T13:26:29Z You generally have to start taking withdrawals from your... https://ttlc.intuit.com/community/retirement/discussion/you-generally-have-to-start-taking-withdrawals-from-your/01/702040#M67128 <P> <SPAN>You generally have to start taking withdrawals from your IRA, SIMPLE IRA, SEP IRA, or retirement plan account when you reach <B>age 70½</B>.&nbsp; <BR /></SPAN> </P><P> <SPAN>Your required minimum distribution (RMD) is the minimum amount you must withdraw from your account each year.&nbsp; Since you are <I>already </I>getting distributions from your retirement plan, you're OK and don't have to worry about RMDs.<BR /></SPAN> </P><BR /> Thu, 06 Jun 2019 13:26:31 GMT https://ttlc.intuit.com/community/retirement/discussion/you-generally-have-to-start-taking-withdrawals-from-your/01/702040#M67128 IreneS 2019-06-06T13:26:31Z