Series 6 Practice Exam 2025 – Complete Exam Prep Resource

Question: 1 / 400

When must John begin the RMD from his IRA if he turns age 70 1/2 in December?

April 1 of the following year

The correct answer is April 1 of the following year because the IRS sets specific rules regarding required minimum distributions (RMDs) from Individual Retirement Accounts (IRAs). Generally, individuals must begin taking RMDs by April 1 of the year following the year they reach age 72. However, there is an exception for those who reach age 70 1/2 before January 1, 2020. Individuals in this category are required to begin their RMDs by April 1 of the year following the year they turn 70 1/2.

In John's case, since he turns 70 1/2 in December, he must begin his RMD by April 1 of the following year. This gives him time after reaching the age threshold to prepare for and make decisions related to his withdrawal. The options suggesting any withdrawal dates in December of the same year or at other points prior to the April deadline do not align with the established IRS guidelines for RMDs.

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December of the same year

June 30 of the following year

January 1 of the following year

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