Articles about retirement distributions 

This page will provide you with helpful information about retirement distributions at Schwab. Click on a link below to view a specific article.

Introduction to required minimum distributions (RMDs)
The IRS requires clients to withdraw money out of their retirement accounts each year once they reach the federal RMD age. These mandatory withdrawals are called required minimum distributions.

Introduction to tax withholding elections
Tax withholding elections (TWEs) offer individuals the ability to customize their tax withholding from retirement account distributions. This article explains how you can establish first-time TWEs, the ways you’re permitted to amend existing TWEs, how 100% withholding requests are handled, and provides other general information.

How to request a retirement distribution
Retirement distributions transfer assets out of a retirement account to another account or third party. You can perform many retirement distributions online via check, journal, and wire transfer using the Move Money tool.

Related articles
How to use an SLOA to submit transactions through the Move Money tool
How to create a standing letter of authorization
How to cancel standing instructions
Contribution limits for IRAs and Small Business Retirement accounts
Retirement Account Contribution Method Matrix