For Tax Year $2023,$ what is the excess accumulations tax rate imposed on an individual who fails to withdraw their required minimum distribution $($or fails to withdraw the full amount$)$ by the deadline?

Choose the answer option that correctly indicates the percentage of the difference between the amount that was supposed to be distributed and the amount that was actually distributed. Assume the taxpayer does not request a penalty waiver and they did not qualify for a reduced penalty.

$6\%$

$10\%$

$25\%$

$50\%$