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FINRA Securities Industry Essentials Exam (SIE) SIE Question # 15 Topic 2 Discussion

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FINRA Securities Industry Essentials Exam (SIE) SIE Question # 15 Topic 2 Discussion

SIE Exam Topic 2 Question 15 Discussion:
Question #: 15
Topic #: 2

A customer has four traditional Individual retirement accounts (IRAs): two are at banks, one Is held directly at a mutual fund, and one Is held in her brokerage account. In order to meet her required minimum distribution (RMD), which of the following actions is she required to take?
A.

Take a distribution from the largest account based on current value

B.

Take a distribution from the smallest account based on current value

C.

Take a distribution from one of the bank IRAs and either the mutual fund or brokerage IRA

D.

Take a distribution based on the value of all of the accounts at the previous year end

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Actual exam question for FINRA SIE exam by Vega75 at Jun 23, 2026, 4:44:46 AM

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