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The SECURE 2.0 Act of 2022, Section 302, reduced the penalty for failure to take a minimum required distribution. The penalty for failing to take
The SECURE 2.0 Act of 2022, Section 302, reduced the penalty for failure to take a minimum required distribution. The penalty for failing to take a minimum required distribution is reduced from 50% to 25%. If a correction is made within two years (subject to some limitations), the tax is further reduced to which percent?
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