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.
You are required to make minimum withdrawals from traditional IRAs once you reach age 70 Â½. Regardless of whether you withdrew money from your IRA earlier, everyone with a traditional IRA must begin taking required minimum distributions, or RMDs, at age 70 Â½.