Are you smarter than the average investor?

At what age are you required to start withdrawals from your own Roth IRA?

 
A) 59 1/2
B) 70 1/2
C) 66
D) Never

 

The answer is (D) Never.

While traditional IRAs require that you take minimum withdrawals starting at age 70 ½, Roths have no mandatory withdrawal requirements. So if you retire and you have other assets to live off of, you can leave the money in your Roth and allow it to continue to grow for as long as you like.

Follow along on our Facebook Page for more questions!