Finra Exam Series-7 Topic 7 Question 82 Discussion

Actual exam question for Finra's Series-7 exam

Question #: 82
Topic #: 7

[All Series-7 Questions]

Distribution from an IRA can begin at age 59 and must begin by age:

A70

B65

C68

Dwhenever the individual is retired

Show Suggested Answer

Suggested Answer: D

a fundamental analyst. These analysts are guided by computations about a company's performance using data in annual reports.

by Mireya at Mar 10, 2024, 04:03 PM

Limited Time Offer

25%

Off

Get Premium Series-7 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Ollie

19 days 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.

upvoted 0 times

Vivan

2 days ago

A) 70

upvoted 0 times

...

Leota

1 months 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!

upvoted 0 times

Ty

B) 65

upvoted 0 times

...

Gerald

2 days ago

That's right, you can start taking distributions from your IRA at age 59 without penalty.

upvoted 0 times

...

Shizue

13 days ago

A) 70

upvoted 0 times

...

Margarita

1 months 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.

upvoted 0 times

...

Dana

2 months 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?

upvoted 0 times

Merilyn

18 days ago

B) 65

upvoted 0 times

...

Ona

29 days ago

A) 70

upvoted 0 times

...

Bambi

2 months 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.

upvoted 0 times

...