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Beneficiary Distributions

Required Minimum Distributions (RMDs) Overview

Account holders of certain IRAs and qualified plans must begin taking withdrawals from their account when they reach a certain age. These withdrawals are known as Required Minimum Distributions (RMDs) and must follow Internal Revenue Service (IRS) guidelines for timing and amount or a penalty may result.

Calculating RMD

Each year, a new RMD must be calculated for each account. The RMD Calculator is updated annually and uses data from the current Life Expectancy Tables.

Requesting Distributions

To request a distribution, please complete the appropriate RMD Form.

Answers to Questions

Check our FAQs for answers to common account holder questions. If you have further questions, call our Client Contact Center at 1.800.209.9010 for assistance.

The information contained on these pages is for general educational purposes only, individuals should consult their financial advisor or legal counsel to determine how these regulations affect their unique situation.

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