island. 1  a tract of land completely surrounded by water, and not large enough to be called a continent. 2  something resembling an island, especially in being isolated or having little or no direct communication with others.
While you can begin making qualified withdrawals from a traditional IRA at age 59Â½, you must start taking withdrawals that are known as required minimum distributions starting in the year you turn 70 Â½.
If you do, the required minimum distributions must begin when you reach age 70 1/2. If you choose to remain a beneficiary of the IRA, required minimum distributions start when the deceased would have been 70 1/2. If you inherit an IRA from anyone other than a spouse, you have two options.