Connecticut Life Producer Practice exam

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At what age do Roth IRAs mandate Required Minimum Distributions (RMD)?

  1. 65 years old

  2. 70 years old

  3. 72 years old

  4. There is no age mandate for RMD

The correct answer is: There is no age mandate for RMD

Roth IRAs are unique compared to traditional IRAs in that they do not mandate Required Minimum Distributions (RMDs) during the account holder's lifetime. This allows individuals the flexibility to manage their retirement savings according to their needs without being forced to withdraw funds at a certain age. This feature makes Roth IRAs an attractive option for those who wish to leave their retirement savings to grow tax-free for a longer period or pass it on to heirs. While traditional IRAs require RMDs starting at age 72, Roth IRAs allow for continued tax-deferred growth, and account holders can choose to leave the funds untouched without the pressure of mandatory withdrawals.

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