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.
Determine your mandatory minimum distributions from a traditional IRA. 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 2017 and the total balance of your traditional IRA accounts as of December 31, 2016.