MENU
Distribution from an IRA can begin at age 59 and must begin by age:
Suggested Answer: D
Get Premium Series-7 Questions
as Interactive Web-Based Practice Test or PDF
Real Exam Format
Detailed Explanations
Instant Access
Get Your Practice Test
a fundamental analyst. These analysts are guided by computations about a company's performance using data in annual reports.
31 comments · newest first
LO
Lorrie
11 months ago
I always thought it was 65. What changed?
GL
Glendora
11 months ago
Wait, are you sure about that?
AZ
Azalee
12 months ago
Definitely 72, good to know!
RO
Rory
12 months ago
I thought it was 70 too, but yeah, it's 72 now.
GE
Georgiana
1 year ago
Must begin by age 72 now, not 70!
ED
Edelmira
1 year ago
I feel like I’ve seen something about starting distributions whenever retired, but that doesn’t sound right for the exam.
IR
Irma
1 year ago
I’m a bit confused; I thought it was 65, but that seems too early for mandatory distributions.
TE
Terrilyn
1 year ago
I remember practicing a question about IRA distributions, and I think the answer was definitely 70.
LA
Lashon
1 year ago
I think distributions must start by age 70, but I’m not completely sure if it’s 70 or 70 and a half.
ER
Ernie
1 year ago
I think the answer is 70, but I'm not 100% confident. I'll make a note to double-check the IRA rules on required minimum distributions before submitting my answer.
XU
Xuan
1 year ago
Okay, let me think this through step-by-step. IRAs allow distributions starting at age 59, but there's a required minimum distribution age. I believe it's 70, so I'll go with that.
KE
Kerry
1 year ago
I'm pretty sure the answer is 70, since that's the age when you have to start taking required minimum distributions from an IRA.
GE
Georgene
1 year ago
Hmm, I'm a little unsure about this one. I know there's a required minimum distribution age, but I can't remember if it's 65, 68, or 70. I'll have to think this through carefully.
KI
Kimberely
1 year ago
I've worked with My Domain before, so I feel pretty confident about this. I'll make sure to select the option that covers the key points, like the login changes and the permanence of the domain.
RA
Raymon
1 year ago
Hmm, I'm a bit unsure about this one. I'll need to double-check the AMPscript syntax to make sure I'm understanding the options correctly.
OL
Ollie
1 year ago
Wait, we have to start withdrawing from our IRAs? I thought those were just free money growing in the background until we're ready to retire. Darn it, there goes my plan to let it accumulate for another 20 years.
LI
Lizette
1 year ago
C) 68
VI
Vincent
1 year ago
B) 65
VI
Vivan
1 year ago
A) 70
LE
Leota
2 years ago
Whenever I'm retired, huh? Well, that's a relief. I was worried they'd try to force me to retire at a certain age. Guess I'll just work until I drop!
TY
Ty
1 year ago
B) 65
GE
Gerald
1 year ago
That's right, you can start taking distributions from your IRA at age 59 without penalty.
SH
Shizue
1 year ago
A) 70
MA
Margarita
2 years ago
Hmm, 68 is an interesting age. I wonder if that's when the government thinks I'll be 'mature' enough to handle my own money.
DA
Dana
2 years ago
65 seems like the most reasonable age to start tapping into my retirement savings. After all, that's when most people call it quits, right?
ME
Merilyn
1 year ago
B) 65
ON
Ona
2 years ago
A) 70
BA
Bambi
2 years ago
Age 70? That's a whole decade later than I was planning to start withdrawing from my IRA. Guess I'll have to work a little longer to make up for that lost time.
IR
Iraida
2 years ago
I'm not sure, but I think it's A) 70 as well. That's the age when most people start taking distributions.
PA
Paulene
2 years ago
I agree with Amalia, because that's when required minimum distributions start.
AM
Amalia
2 years ago
I think the answer is A) 70.