The IRS defines the Required Minimum Distribution (RMD) as “the minimum amount you must withdraw from your IRA each year”. The 2019 SECURE Act increased the age at which retirees must begin taking RMDs from 70 ½ to 72 years, but it did not increase the age at which an IRA owner can take an RMD, which remains 70 ½ years. For more information, please contact your financial advisor or IRA custodian.