Sentences with «to take required minimum distributions»
If you don't take the required minimum distributions from your account, you will be subject to a penalty equal to 50 % of the amount that should have been withdrawn. (fidelity.com)
That is the date that you need to start taking your required minimum distributions. (purefinancial.com)
The penalty for not taking a required minimum distribution is a tax of 50 % on any amounts that were not withdrawn in time. (thebalance.com)