The SECURE 2.0 changes reduce the penalty for a missed required minimum distribution (RMD) from 50% to 25%, with the penalty potentially falling to 10% or even zero if the error is corrected and the proper paperwork is filed. The piece is a procedural tax update rather than a market-moving development, though it may be relevant for retirement-account holders and advisors.
The SECURE 2.0 changes reduce the penalty for a missed required minimum distribution (RMD) from 50% to 25%, with the penalty potentially falling to 10% or even zero if the error is corrected and the proper paperwork is filed. The piece is a procedural tax update rather than a market-moving development, though it may be relevant for retirement-account holders and advisors.
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