What is Required Minimum Distribution?
Answers | 2
You can take it in 1 year, or take 2 distributions the following year. There is a 50% penalty for not taking RMD.
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April 20, 2017
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Asked by Michael
Answered by Linda A. Stortz, CPA, EA in Seminole, FL
You must be asking if you can "make" an IRA contribution, rather than "take" an IR...
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