In 2023, if a required minimum distribution (RMD) of $4,000 is not taken, and no action is

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In 2023, if a required minimum distribution (RMD) of $4,000 is not taken, and no action is taken during the correction window, an excise tax of what amount applies to the excess accumulation?

A. $1,000 B. $2,000 C. $3,000 D. $4,000

Posted Date: May 18, 2024 12:09 PM

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In 2023, if a required minimum distribution (RMD) of $4,000 is not taken, and no action is

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