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Subject:  Re: Draw which first? Date:  8/10/1999  2:02 PM
Author:  TMFPixy Number:  13035 of 98496

Hvyevy2 writes:

<<"haf tu" at
age 71.5 to start the draw from tax-deferred acounts

Am I wrong????? I have continualy been told 70.5!!!

What's right???>>

My guess is the post contained a typo. The account owner must begin withdrawals from a traditional IRA no later than April 1 of the year following the year in which he/she attains age 70 1/2. If postponed to that date, then a second withdrawal must occur no later than December 31 of that same year.

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