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Old 02-09-2008, 08:06 PM
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Join Date: Jan 2007
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What is the minimum amount that must be withdrawn from an IRA after age 70 1/2?

Dear Taxguru,

On behalf of my elderly father, I would like to know "how should he calculate the minimum amount that must be withdrawn from his IRA after age 70 1/2?".

My understanding is that the withdrawal is mandatory so any assistance is highly appreciated. Thanks.

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