Ginny, age 73, has $1,165,342 in her 401K plan on December 31st. The following year she takes

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Ginny, age 73, has $1,165,342 in her 401K plan on December 31st. The following year she takes $32,934 as her annual distribution. How much of a tax penalty will she pay? Example answer (enter 25378.31 for $25,378.31). RMD Table (Excerpt) AGE DIVISOR 72 25.6 73 24.7

Posted Date: May 18, 2024 09:13 PM

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Ginny, age 73, has $1,165,342 in her 401K plan on December 31st. The following year she takes

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