Traditional and Roth IRA distribution rules differ significantly, so stay informed using our education and resources.
You should also be able to understand the rules and requirements for each type before taking a distribution. See the table below.
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.
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.
If you have reached the age of 59½, 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.
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.