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Required information [The following information applies to the questions displayed below] Tim has worked for one employer his entire career. While he was working, he

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Required information [The following information applies to the questions displayed below] Tim has worked for one employer his entire career. While he was working, he participated in the employer's defined contribution plan [traditional 401(k)] At the end of 2022, Tim retires. The balance in his defined contribution plan at the end of 2021 was $2,000,000. (Use Exhibit 13-3) Note: Leave no answers blank, Enter zero if applicable. a. What is Tim's required minimum distribution for 2022 that must be distributed in 2023 if he is 68 years oid at the end of 2022? Answer is complete but not entirely correct

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