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April 12, 2025
Question

What is the penalty for an IRA distribution that is $2 short?

  • April 12, 2025
  • 1 reply
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1 reply

April 15, 2025

I believe you mean your minimum required distribution (MRD) is short by $2. Since the penalty for missing your RMD is based on the amount you are short, the penalty would be likely be minimal, $1 or less.

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