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Abstract
Two and half millions of the seventy-four million living baby boomers turned age 70 in 2016. According to the required minimum distribution (RMD) rules, the 1946, 1947 and 1948 cohorts of baby boomers already started or are going to start to take RMDs. Everything related to retirement is complex. RMD is no exception. Failure to comply with the RMD rules can result in steep penalty. This paper discusses the basic rules of RMD that should satisfy the needs of most baby boomers.