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Excess accumulation

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Excess accumulation
The amount of a required minimum distribution that an IRA holder fails to remove from an IRA in a timely manner. Excess accumulations are subject to a 50% IRS penalty tax.


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An excess accumulation is one that goes beyond the company's reasonable needs.
Bonuses and accumulated earnings prove troublesome by Burnett, Sharon / Journal of Accountancy
Because the Taxpayer Relief Act of 1997 repealed the excess accumulation and excess distribution taxes, there is no further need to worry about having too much accumulated in a plan.
Revocable trusts can be named as qualified plan beneficiaries by Lipschultz, Brent S. / The Tax Adviser
This temporary suspension does not apply to the 15-percent additional estate tax imposed on excess accumulations at death.
Pension simplification finally arrives: the employee benefit ... by Tax Executive
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