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After the required beginning date (RBD), what is the amount of penalty that applies to a required minimum distribution (RMD) from a qualified plan or IRA that is insufficient in amount
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After the required beginning date (RBD), what is the amount of penalty that applies to a required minimum distribution (RMD) from a qualified plan or IRA that is insufficient in amount

User Celelibi
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Answer:

The penalty for an IRA that is insufficient in amount is half of the undsitributed amount.

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User Nikhil Redij
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