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Avoid IRA RMD penalty....This video explains what to do if you missed your RMD, Required Minimum Distribution on your IRA or ... You forgot to take your Required Minimum Distribution (RMD) from your IRA. The penalty is a staggering 25% of the money you ... If you missed a Required Minimum Distribution, the IRS hits you with a 25% excise tax on the amount you should have withdrawn. One of the most common mistakes made with retirement accounts is missing a required minimum distribution (RMD). When this ...
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