16 million is an estimate of how many different colors a 24 bit RGB computer monitor can simulate and while most of us may not care how mant colors we can see in a computer, this does has a little relevance to how many different colors the human eye can distinguish. âTrueâ color is also called 24-bit color .
Required Minimum Distribution. You can take money out of an IRA without penalty as soon as you are 59 1/2. If itâs a traditional IRA, you must start withdrawing a required minimum amount each year starting the year you reach age 70 1/2. Required minimum distributions are also mandatory for Simplified Employee Pension IRAs and Savings Incentive Match Plan for Employee IRAs.
Outline. To start a Roth IRA you need to take the following steps: 1  Confirm that youâre eligible for a Roth IRA. 2  Determine that a Roth IRA is your best choice. 3  Decide what type of investment is most appropriate for your Roth IRA. 4  Select a provider for your Roth IRA. 5  Establish the IRA.