Individual Retirement Accounts » SEP IRAs

Required Minimum Distributions (RMDs)

SEP IRAs follow Traditional IRA rules for RMDs. RMD must commence once the account holder reaches April 1 of the year following the age of 701/2. If the company still actively employs an individual, that person can continue to receive employer contributions; however, they cannot continue to make Traditional IRA contributions. RMD must still be distributed.