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Business, 09.08.2021 20:40 rozzy5132

A 72-year-old customer has a $30,000 required minimum distribution (RMD) calculated to be taken from an IRA. If the customer is in the 20% income tax bracket and only withdraws $25,000 from the account, how much in taxes and penalties will be owed

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A 72-year-old customer has a $30,000 required minimum distribution (RMD) calculated to be taken from...

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