***If you turned 70½ years old the previous year***
This is the date by which you must take your first Required Minimum Distribution (RMD) from tax-deferred IRA accounts you own. Your RMD is based on the previous year-end balance(s). Contact us for help calculating the correct amount you must withdraw.
(Note: This April 1st deadline only applies for the first year you take RMDs, which is the year after turning age 70½. In all future years the RMD deadline is Dec. 31st.)