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IRA Distributions
Manage your IRA distributions with confidence and ease
Traditional and Roth IRA rules differ significantly for distributions.
Generally, consider three aspects:
Understand the rules and requirements for each type before taking a distribution.
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Traditional |
Roth |
| Penalty-free distributions |
Begin at age 59½ |
Begin at age 59½ when IRA is 5+ years |
| Required Minimum Distributions: |
Begin at 70½ |
RMDs not required |
TD AMERITRADE provides several methods for distributing your IRA funds. You can set up automatic distributions, transfer funds to another account or transfer holdings. Find out the features and benefits of each option.
Take a one-time distribution or set up automatic distributions
Transferring funds from your TD AMERITRADE account to your bank account is fast and easy. You can take a one-time distribution or set up automatic distributions from your IRA-for early distributions, normal distributions and RMDs.
Use funds directly from your account
If have reached the age of 59 ½, you can write checks from your account to facilitate your distributions while managing your bills at the same time. Checks written from your IRA will be normal distributions from your IRA. A normal distribution is a penalty-free, taxable withdrawal.
Transfer assets between TD AMERITRADE accounts
When taking required distributions, you may consider transferring funds from your Traditional IRA to a standard brokerage account.
There may be additional requirements when transferring between different kinds of accounts. We're here to help you figure it out.
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