Reginald retired 7 years ago and reached age 73 last year in 2023. His required minimum distribution

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Reginald retired 7 years ago and reached age 73 last year in 2023. His required minimum distribution from his traditional IRA is $26,000 this year. If Reginald does not have these funds distributed to him, what penalty might be incurred?

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Fundamentals Of Taxation For Individuals A Practical Approach 2024

ISBN: 9781119744191

1st Edition

Authors: Gregory A Carnes, Suzanne Youngberg

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Question Posted: Apr 17, 2024 04:01 AM

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Reginald retired 7 years ago and reached age 73 last year in 2023. His required minimum distribution

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Fundamentals Of Taxation For Individuals A Practical Approach 2024

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