What is the latest date an IRA distribution must be made once an individual reaches the age of 70 and a half?

When an individual reaches the age of 70 and a half, they are required to begin taking minimum distributions from their Traditional IRA. The cutoff for making the first required minimum distribution (RMD) is April 1 of the year following the year in which they turn 70 and a half.

This rule is part of the IRS regulations concerning retirement accounts, aimed at ensuring that individuals begin to withdraw funds from their tax-deferred accounts rather than allowing these accounts to grow indefinitely without ever being taxed. The April 1 deadline applies specifically to the first year's distribution. For subsequent years, the distributions must be made by December 31 of each year.

Thus, selecting April 1 of the year following when they turn 70 and a half is correct, as it accurately reflects when the first RMD must be taken.