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.
What Is My IRA Required Minimum Distribution? This calculator makes it easy to compute your mandatory minimum distributions from a traditional IRA, which start when you hit age 70 1/2. All you need is your age at the end of 2016 and the total balance of your traditional IRA accounts as of December 31, 2015. Do not include balances from Roth IRAs.